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3 years ago

A family with 45000 in asserts and 22000 of liabilities would have a net worth of?

Business

2 answers:

-Dominant- [34]3 years ago

8 0

The answer would be B, $23,000.

Nikolay [14]3 years ago

7 0

The answer will be B 23,000

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Jackson company has the following financial information for their most recent fiscal year: Revenues Cost of Sales Interest Expen

irinina [24]

Answer:

The calculations are shown below

Explanation:

The computations are shown below:

But before that, first we have to prepare the income statement so that the values could come

Particulars Amount

Revenues $99,700

Less: Cost of sales -$64,700

Gross profit $35,000

Less: Interest expenses -$1,800

Earnings before tax $33,200

Less: Taxes -$11,620

Net income $21,580

So, the calculations are shown below:

1. Earnings per share = Net income ÷ Common stock outstanding

= $21,580 ÷ 16,000 shares

= $1.35 per share

2. Price earnings ratio = Stock price per share ÷ Earnings per share

= $22 ÷ $1.35

= 16.3 times

3. Long term debt to equity ratio = Long term debt ÷ Total equity

= $45,800 ÷ $120,000

= 0.38 times

4. Total market value = Number of shares outstanding × Market price per share

= 16,000 shares × $22

= $352,000

4 0

2 years ago

A market might have an upward-sloping long-run supply curve if:

Elan Coil [88]

Answer:

a. firms have different costs.

Explanation:

A market might have an upward-sloping long-run supply curve if

a. firms have different costs.

b. consumers exercise market power over producers.

c. all factors of production are essentially available in unlimited supply.

d. the entry of new firms into the market has no effect on the cost structure of firms in the market.

6 0

2 years ago

Assume an increase in global agricultural production of food due to technology while global population remains the same. Due to

MA_775_DIABLO [31]

Answer:

The equilibrium price falls and quantity increases

Explanation:

When the supply of food rises without a corresponding increase in demand , there would be an excess supply.

When there's excess supply, prices fall and the quantity produced rises.

I hope my answer helps you

6 0

3 years ago

Both you and your older brother would like to have $28,000 in 13 in years. Because of your success in this class, you feel that

DerKrebs [107]

Answer:

$693.16

Explanation:

Calculation to determine How much less than your brother will you have to deposit today

Using this formula

FV= Present value × (1 + interest rate)^number of years

Let plug in the formula

First step

$28,000 = Present value × (1 + 0.112)^13

PV= $28,000 ÷ 1.112^13

PV= $28,000 ÷ 3.97522975235

PV= $7,043.618

Second step

$28,000 = Present value × (1 + 0.104)^13

PV= $28,000 ÷ 1.104^13

PV= $28,000 ÷ 3.61907808993

PV= $7,736.777

Now let calculate how much less than your brother will you have to deposit today

Deposit today= $7,736.777-$7,043.618

Deposit today= $693.159

Deposit today=$693.16 (Approximately)

Therefore How much less than your brother will you have to deposit today will be $693.16

5 0

2 years ago

The lack of a national law requiring seat belts on school buses is a serious problem in the united states. last year alone, 437

yan [13]

By enforcement the safety in the schools

4 0

3 years ago