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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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On June 30, 2012, Mackes Company issued $5,000,000 face value of 13%, 20-year bonds at $5,376,150, a yield of 12%. Mackes uses t
mestny [16]

Answer:

Explanation:

a. Dr Cash   5,376,150

Cr Premium on bonds payable  376,150

Cr Bonds payable 5,000,000

b. Dr Interest expense 322,569

Dr premium on bonds payable 2431

Cr Cash 325,000

c. Dr Interest expense 322,423

Dr Premium on bonds payable 2577

Cr Cash 325,000

d. Dr Interest expense 322,269

Dr premium on bonds payable 2731

Cr Cash 325,000

4 0
3 years ago
POZ Inc. is issuing bonds to finance a new project in Michigan. These bonds are being offered with a face value of $1000, a coup
zheka24 [161]

Answer :

$1,099.54

Explanation :

As per the data given in the question,

Face value = $1,000

Coupon rate = 8% per year paid semi annual

Time = 6 year × 2 = 12 semiannual period

Coupon payment = 8% × $1,000 × 0.5

= 40

Market interest rate = 6% compounded semiannually is 3% semi annual period

Present value of bond = $40 × (P/A , 3%, 12) + $1,000 × (P/F , 3%, 12)

= $40 × 9.9540 + $1,000 × 0.7013798802

= $398.16 + $701.38

= $1,099.54

We simply applied the above formula

3 0
4 years ago
A. Why is the healthcare industry perceived as being less proactive than other industries in the area of computerized informatio
Mrrafil [7]

Answer:

Explanation:

(A) (i) The healthcare industry is perceived that way because most of the training & advancement programs for health practitioners do not shed light on information technology.

(ii) This perception can be changed, by introducing the idea and practice of computerized information systems.

(B) The three concepts are related, such that

- E-health has to do with the offering of health care via electronic means.

- E-commerce is the electronic provision for traders (buyers, sellers, investors, etc) which extends the market place from land to electronic devices.

- Electronic Data Interchange (EDI) is a kind of e-commerce tool or infrastructure which enables the availability and spread of information.

(C) What is driving the increased use of computerized care protocols in healthcare?

The driver of this is the increase in the use of internet technology. Businesses (health or non-health related) have grown through this medium and healthcare givers have had to resort to this.

(D) Key public infrastructure are the social amenities which are considered crucial to the lives of citizens.

This is receiving much attention in the healthcare industry because primary healthcare is a key public infrastructure! Others include stable electricity, pipe borne water, good roads, security, etc. These infrastructure improve the living standard of people.

8 0
4 years ago
OceanGate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are $
chubhunter [2.5K]

Answer:

50%

Explanation:

Sales at strong state = 2 million

Sales in Recession = 1 million

% Decline = \frac{2-1}{2} *100 = 50%

7 0
3 years ago
Read 2 more answers
We would expect: a. the demand for Coca-Cola to be less price elastic than the demand for soft drinks in general. b. the demand
givi [52]

Answer: Option B

             

Explanation: In simple words, price elasticity refers to the degree of change that a commodity experiences due to change in its price.

   In case of coca- cola, the price elasticity will be high as it has a close substitute available in the market named Pepsi. Therefore, if coca-coal increases its prices,its consumers would shift their demand to Pepsi.

  Thus,from the above we can conclude that the correct option is B.

7 0
4 years ago
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