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elena-s [515]
3 years ago
15

Anthony has a college savings account with $8,657 in it. He has $347 in his checking account.

Business
1 answer:
sasho [114]3 years ago
7 0

Answer:

$13,363

Explanation:

Net-worth is the difference between an individual's assets and liabilities. In other words, net-worth is equal to assets - liabilities.

<u> Anthony's  assets </u>

College savings account  $8,657

checking account      $347

Cash          $45

Pair of Jordan's   <u>$4500</u>

Total assets     <u>$13,549</u>

<u>His liabilities </u>

A personal loan from Yenny $186

Net-worth = $13,549- $186

=$13,363

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The correct answer to the given statement that "A service and physical good are similar in terms of uniformity of inputs" is:

  • False

<h3>What is a Good?</h3>

This refers to the physical item which has value and can be bought and sold in a market place.

With this in mind, we can note that a service has to do with the non physical value driven thing which is rendered based on demand and this service and physical goods are NOT SIMILAR in terms of uniformity of inputs because the manufactures does not have more control on the amount of variability.

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2 years ago
Gerard is a mid-level manager who believes that people do not like to work and try to avoid it. He therefore controls, directs,
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Answer:

The correct answer is c. McGregor's Theory X.

Explanation:

Theory X is defined by Douglas McGregor in his 1960s book "The Human Side of Enterprise" as an <em>authoritarian</em> style of management. In the book, McGregor explains that styles of management are greatly influenced by how the manager views people. Theory X is based on the view that workers are inherently lazy and unmotivated, prefer to be directed, do not like to take responsibility and dislike to work in general. In this style of management, it is assumed that the only way to push employees to work is to provide them with incentives or punishments, according to their performance. Also, authority is centralized on a select few and employees are strictly controlled and supervised.

In this particular case, Gerard fits the Theory X style of management, as he coerces and threatens employees to push them to do their jobs. He has the belief that people don't like to work and avoid it.

6 0
2 years ago
An employee has​ year-to-date earnings of $ 114 comma 400. The​ employee's gross pay for the next pay period is $ 4 comma 800. I
NeTakaya

Answer:

$254

Explanation:

First we must calculate the employee's remaining taxable portion = wage base - year to date earnings = $118,500 - $114,400 = $4,100

Then we multiply the employee's remaining taxable portion times FICA-OASDI tax rate = $4,100 x 6.2% = $254.20, we round down to the nearest dollar = $254

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3 years ago
The estimated amount of depreciation on office equipment for the current year is $3,500. the correct adjusting entry to journali
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The correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.

What is a depreciation?

In accounting, this refers to the monetary value of an asset that decreases over time due to use, wear, tear etc.

As we are given that the estimated amount of depreciation on office equipment for the current year is $3,500, then, the correct adjusting entry to journalize this depreciation is a debit to Depreciation Expense for $3,500 and a credit to Accumulated Depreciation for $3,500.

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2 years ago
The Fed buys​ $20,000 of government securities. The desired reserve ratio is 5 percent and the currency drain is zero. What will
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Answer:

The answer is $400,000

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Change in quantity of money is:

$20,000 / 0.05

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3 0
3 years ago
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