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Triss [41]
3 years ago
6

Joaquin has $1,300 in the bank and has investments worth $4,000. He also has $7,000 worth of credit card debt. What is the total

value of Joaquin's assets
Business
1 answer:
Aloiza [94]3 years ago
3 0
Assets = Liabilities + Owner's Equity
$12,300 = $7,000  + 5300
 
Assets
                  Cash in bank                                   1,300
                  Account Receivable/investment      4000
                  Account Payable/credit card debt    7000
Total Assets                                                                         12,300
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Explanation:

Cost of goods sold = +Purchase + Direct Exp+ Opening Inventory  - Closing Stock

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3 years ago
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8 0
3 years ago
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the current price of a stock is 200 if a coll option on this stock has a strike price of 201 the call is
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The call in this scenario is known as Out of the money (OTM).

Out of the money is when an option has no intrinsic value but rather, has an extrinsic value.

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6 0
2 years ago
In many developing countries, the majority of citizens make their living through microenterprises- informal, tiny businesses tha
natita [175]

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This helps to boost small businesses and financial inclusion which are heart of any economy and vital to the economy and promoting growth.

Possible measures taken by the organization includes providing funds for at lower interest rates and providing credit services. Subsidized credit to deficient areas increases productivity and employment growth by means of boosting the small and medium-sized enterprises.

This may work in poor communities in United States. However in united schemes there are lots of other governmental schemes such as coupons, free food etc program are already running.

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6 0
3 years ago
Last year, a toy manufacturer introduced a new toy truck that was a huge success. The company invested $2.50 million in a plasti
aev [14]

Answer:

P= 18

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8 0
3 years ago
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