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eduard
3 years ago
9

What is an assessment of what you own and what you owe?

Business
2 answers:
nexus9112 [7]3 years ago
5 0

The answer is <u>"Personal balance statement".</u>



A personal financial statement is a document that you may require as a component of the reports for a business credit proposition. This article clarifies what an individual budget report is, the reason it's useful as a component of your advance bundle, and how to set up a personal financial statement.  

A personal financial statement is a document that demonstrates your own benefits and liabilities and your own total assets.

mamaluj [8]3 years ago
3 0
The term that is being referred above is the Personal Balance Sheet or Statement. This shows the result of your assessment as to what you own and what you can owe. This assessment aims to check your financial health and the status of your personal finances. Answer to this is the first option.
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Riley operates a plumbing business, and this year the three-year-old van he used in the business was destroyed in a traffic acci
Mnenie [13.5K]

Answer:

$4,600

Explanation:

Data provided in the question:

Purchasing cost of the van = $20,000

Adjusted basis = $5,800

Worth of the van at the time of accident = $6,000

Insurance reimbursement = $1,200

Now,

The amount of Riley's casualty loss deduction will be

= Adjusted basis - insurance reimbursement

or

Amount of Riley's casualty loss deduction = $5,800 - $1,200

or

Amount of Riley's casualty loss deduction = $4,600

3 0
3 years ago
It is estimated that firms lose ___________ annually in productivity, absenteeism, and employee turnover due to caring for aging
Sergeu [11.5K]

Answer:

$11 billion annually.

Explanation:

Firms carried out assessments based on their daily activities as well as employee assessment.

Employees in firms are assessed based on their productivity level, rate at which they are absent from work as well as their turnover rate in the firm.

Low productivity can be defined as a decrease in the production capacity of a firm due to the inefficiency of workers.

Absenteeism can be defined as when a person is not present at work. This may be due to genuine or deliberate reasons.

Employee turnover can be defined as the number of employees who leave a firm and are replaced with new employees.

Low productivity, consistent absenteeism and employee turnover rates are said to cause firms to lose a lot of money due to:

a. Payment of salary for absent workers

b. Having to find replacement for absent staffs.

c. Low productivity due to lack of or absent staffs.

It is estimated that firms lose $11 billion annually in productivity, absenteeism, and employee turnover due to caring for aging parents.

7 0
3 years ago
Competing in one or more countries or regions of the world causes strategy-making to be more complex because of
alexandr402 [8]
Here is the answer that best completes the statement:

What causes strategy-making to be more complicated as one competes in one or  more regions or countries of the world is due to existence of significant differences in each country in buyer preferences, growth potential and the sizes of the market. 
8 0
3 years ago
Laminated wood is sometimes used in the construction of highly stressed aircraft components. This wood can be identified by its
Marta_Voda [28]

Answer:

Increased resistance to deflection or external force.

4 0
3 years ago
Taylor &amp; Edwards Inc. manufactures television sets. Last month, direct materials (electronic components, etc.) costing $550,
kirill [66]

Answer:

$170.24

Explanation:

The prime cost are the direct manufactured product's costs

raw materials + direct labors

Direct materials     550,000

Direct labor            880,000

total prime cost   1,430,000

Units manufactured 8,400

Prime Cost per unit =  cost / units

1,430,000 / 8,400 = 170.238095238 = 170.24

7 0
3 years ago
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