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LUCKY_DIMON [66]
3 years ago
8

A personal net worth statement lists income and expenses.true or false

Business
1 answer:
swat323 years ago
8 0

False.A person's net worth statement  shows a person's net worth based on assets and liabilities Done through:

Assets- money or items of value (car, house)

Liabilities- debts you owe (loans)

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Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that
Sever21 [200]

Answer:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

Dr Plan assets - pension 411,400

Cr Service cost 245,000

Cr Interest 166,400

Explanation:

Preparation of the journal entries to record annual pension expense for the enterprise fund of Amherst City

Since we are Assuming that the plan investments was $184,300 while the service cost component is the sum of $245,000, and interest on the pension liability is the sum of $166,400 for the year this means the Journal entries to record annual pension expense for the enterprise fund of Amherst City will be:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

(245,000+166,400)

Dr Plan assets - pension 411,400

(245,000+166,400)

Cr Service cost 245,000

Cr Interest 166,400

4 0
4 years ago
Brand socialization is a measure of how effectively ______. a. a company’s brand reinforces a positive relationship between the
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Answer: Option (B)

Explanation:

From the given options we can state that , option (B) is correct. Brand socialization  is referred to as or known as the measure or scale of how effectively an organization or a company tends to engage with its several or various stakeholders which are mostly online and act in mutual profitable and beneficial exchange of data and information.

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4 years ago
Inventories of _____ can provide vast amounts of information concerning attitudes toward product categories, brands within produ
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Answer:A. Activities C. Opinions

Explanation:One of the ways of generating data from the market is to seek the opinion and try to know the activities of customers concerning brands,product categories and user and non-user characteristics.

Inventory of opinions is the collection of opinions from the general public or from already available data. It helps to know the needs of the Customer and how to meet them.

Inventory of activities is the evaluations of the activities of the general public concerning your product or market segment,the activities can include their attitudes etc.

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4 years ago
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L.L. Bean, the founder of the company that bears his name, left a company legacy that consists of three fundamental core values:
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Answer:somethings

Explanation:

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3 years ago
According to the liquidity premium theory of interest rates,
Andrew [12]

Answer:

C. long-term spot rates are higher than the average of current and expected future short-term rates

Explanation:

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4 years ago
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