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jok3333 [9.3K]
3 years ago
6

Please help?!

Business
1 answer:
frosja888 [35]3 years ago
7 0

Answer:

Option C.

Explanation:

Skimming is a quick way to understand content by matching your current knowledge with bits and pieces from the text.

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Anthony Clement is applying for a car loan. The lending institution requires a personal net worth statement. Anthony currently h
ozzi

Answer:  Anthony's net worth is $1322.

The personal net worth statement of Anthony Clement

Assets:

Cash                                    1085

Camera                                 635    

Total Assets                     1720  (1085+635)

Liabilities:

Owed to Vista Travel               305

Owed to Kelley Electronics        83  

Total Liabilities                          388   (305+83)ony's net wprth os

Net Worth                            1720 - 388 = 1332


6 0
3 years ago
Strongheart Enterprises anticipated selling 27,000 units of a major product and paying sales commissions of $6 per unit. Actual
frozen [14]

Answer:

$6,400 U

Explanation:

With regards to the above information, we would calculate first the earned value.

Earned value

= Actual activity × Budgeted value

= $27,500 × 6

= $165,000

Now, we would compute the cost variance.

Cost variance

= Earned value - Actual blue

= $165,000 - $171,400

= $6,400 U

Here, we have an unfavourable variance because the company incurred more of the cost than it should be .

7 0
3 years ago
__________ is the amount a business earns after deducting what it spends for salaries and other expenses.
Lana71 [14]

Answer:

profit

Explanation:

profit is a financial return or reward that an entrepreneur aims to achieve to reflect the risk it takes. Profit is also an important signal to other providers of finance to a business. Banks, suppliers and other lenders are more likely to provide finance to a business that can demonstrate that it makes a profit and that it can pay debts as they fall due.

4 0
3 years ago
The total costs accounted for in a production cost report equal the:
ivann1987 [24]

Answer:

A) cost of units completed and transferred out plus the cost of ending work in process.

Explanation:

The total costs accounted for in a production cost report consists of Cost in units of Work - In - Process Inventory and Cost Incurred During the Current Period.These Costs equal  cost of units completed and transferred out plus the cost of ending work in process.

4 0
3 years ago
What is a commodity?
BabaBlast [244]

The correct answer is D. Something of value that can be bought, sold, or traded

Explanation:

The word "commodity" is used in economics to refer to any good or product that has an economic value and due to this, can be part of the market. This means any commodity can be traded, sold, or bought. Moreover, this concept is mainly applied to raw materials such as coal, timber, or wheat that can be used to make other manufactured products such as plastics, furniture, or flour. According to this, the option that correctly describes the word commodity is option D.

3 0
3 years ago
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