Answer:A luxury car is meant to be shown and only people that are rich could afford a luxury car but a normal car is what you see on a daily basis and it's still a car but a common one.
Explanation:
<span>The credit extender needs to consider all assets and sources of income in order to make a thoughtful decision. If the applicant is receiving alimony, child support, or maintenance payments this is significant and pertinent information, so the answer is a. True.</span>
Answer:
β = 1.45
Explanation:
The beta of the portfolio is defined as an average of the betas (β) of each asset within the portfolio weighted by their respective invested amounts (A):
The beta of the portfolio is 1.45
Answer:
B) 280,000; 200,000
Explanation:
Assets = Liabilities + Shareholder Equity
Assets:
Cash $50,000
Accounts receivable $80,000
Inventory $100,000
Gross P&E $730,000
<u>depreciation ($130,000)</u>
total = $830,000
Liabilities:
Accounts payable $12,000
Notes payable $50,000
<u>Long-term debt $218,000 </u>
total = $280,000
Equity = $830,000 - $280,000 = $550,000
Common stock $100,000
Add. paid-in capital $250,000
Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000
It depends in if you noticed or not because if you did you would be responsible for telling them. if you didn't notice then it would be their responsibility.
hope that helped
