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Degger [83]
3 years ago
10

Does Svensons find a refrigerator value that $2300 on sale for $1900 they decided to withdraw $500 from savings to use as a dow

n payment on the purchase of a refrigerator and took out a loan to pay the balance choose the true statement
A.The Svensons Assets increased by $1400
B.The Svensons Assets increased by $1800
C.The SvensonsI said to increase by $1900
D.The Svensons assets increased by $2300
Business
1 answer:
ivann1987 [24]3 years ago
5 0

Answer:

B.The Svensons Assets increased by $1800

Explanation:

The Svensons assets increased by $1,800 because even if they purchased the refrigerator for $1,900, the market value of the refrigerator is $2,300, so their assets initially increase by this amount.

However, they also withdraw $500 from their savings to pay for the refrigerator, meaning that this asset account is reduced by the same amount.

Thus, an initial increase of $2,300 minus a later decrease of $500 gives us a final $1,800 increase.

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Keith_Richards [23]

Answer:

$781.99

Explanation:

The price of the bond can be computed using excel pv function given below:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity i.e11%*6/12=5.5%

nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years

pmt is the amount of semiannual coupon=$1000*8%*6/12=$40

fv is the face value of $1000

=-pv(5.5%,30,40,1000)=$781.99  

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The increase in demand and limited availability or unchanged availability  of supply= Price Increase 

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antiseptic1488 [7]

Answer:

Learning

Explanation:

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Crane incurs a weekly payroll of $251000 that includes federal taxes withheld of $38200, FICA taxes withheld of $23970, and 401(
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Answer:

First let us define the nature of each of the following as per Balance sheet of a company:

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Federal taxes- Liability

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Explanation:

Effect of Transaction on assets and liabilities:

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