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antoniya [11.8K]
3 years ago
9

jennifer has the transactions below, what is the combined impact on her net worth when considering all of the transactions? She

purchases $5,000 worth of a mutual fund with cash from her savings account. She spends $6,000 on a two-week vacation to Italy using funds in her money market account. She purchases $10,000 worth of furniture for her house and uses her credit card to finance the purchase.
Business
1 answer:
slamgirl [31]3 years ago
4 0

Answer:

1. No effect

2. Outflow of cash

3. No effect

So, by $6,000, the net worth would decrease.

Explanation:

1. In the first situation, she purchases $5,000 worth of a mutual fund with cash which means it affects both the asset and the liability. So, the net impact would be zero.  

2. In the second situation, she spends $6,000 on a two-week vacation which means it withdrew money that represents an outflow of cash.  

3. In the third situation, again it affects both the asset and the liability. So, the net impact would be zero.  

So, the net worth would decrease by $6,000

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Hayden Company is considering the acquisition of a machine that costs $324,000. The machine is expected to have a useful life of
Sati [7]

Answer:

Cash payback period= 3.2 years.

Explanation:

Lets first understand what a cash payback period is. As the name suggest, payback period is the time duration within which a business recovers it's investment and/or capital investment and the payback period is expressed in number of years. The formula for payback period is as follows:

Payback period= initial investment ÷ annual cash-flows

In the question annual operating income is given just for distraction.

payback period = $324000 ÷ 100000

payback period= 3.2 years.

This means if Hayden company decides to invest in the machine, it would recover the cost of machine (i.e it's investment) in approximately three and half years.

7 0
3 years ago
If your answer is zero, enter "O". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $2,340 a mon
scoundrel [369]

Answer:

$2,400 in 2019 are deductible as alimony.

Step-by-step explanation:

Hillary get divorced in the year = 2016

She has to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years.

His son will reach of the age of 18 = 2016 + 7 = 2023

She has to pay $200 till 2023 and $120 thereafter.

Her payments are deductible as alimony in 2019 would be = $200 × 12

                                                                                                 = $2,400

$2,400 in 2019 are deductible as alimony.

4 0
3 years ago
The potential advantages of centralized purchasing, as it is commonly done by large chain operations, include all of the followi
Schach [20]

Answer:

The correct answer is c,alienating local suppliers

Explanation:

The presence of strong negotiator who is an expert in the field of sourcing is an advantage inherent in centralized purchasing,hence option A is not correct.

Cost and quality control implies that sourcing in large quantity gives the buyer entity a strong bargaining power and it is able to procure at the lowest price possible.Whereas,the control relates to the goods been received at central location before being dispatched to the department requiring it,implies that all items can be properly checked and confirmed fit for purpose.As result option is wrong as well.

The only odd option is C,as centralized purchasing is not aimed at alienating local suppliers since it is not global sourcing

7 0
3 years ago
Which one of the following statements is most​ correct? A. Any central bank purchase of assets automatically results in an incre
Blizzard [7]

Answer: Option (B) is correct.

Explanation:

Correct option: Any central bank purchase of assets results in an increase in the domestic money​ supply, while any central bank sale of assets causes the money supply to decline.

This is basically one of the monetary policy instrument which helps the central bank in order to control the money supply in the economy.

If central bank wants to contract the money supply then central bank sell some of the assets in the market to reduce currency in circulation. After the implementation of this policy, domestic consumers left with less cash in hand and hence they demand less.

On the other hand, if central bank wants to increase the money supply then central bank purchase some of the assets from the market to increase the currency in circulation. After the implementation of this policy, domestic consumers are with more cash in hand and hence they demand more.

∴ This is the statement that is most correct.

4 0
3 years ago
The process of deliberately making conditions intolerable to get an employee to quit is referred to as _____.
AlladinOne [14]
This is called: <span>Constructive discharge

</span><span>If I managed to help you, please make sure to mark my answer as the "Brainliest" answer. Thanks! :)</span>
3 0
4 years ago
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