To know if the classmate’s family is actually wealthy, one will need to know their assets and their debt.
<h3>What is an asset?</h3>
In financial accounting, an asset means a resource that is owned or controlled by a business or an economic entity. An asset is anything that can be used to produce positive economic value.
Assets represent the value of ownership that can be converted into cash and the examples of personal financial assets include cash and bank accounts, real estate, personal property like furniture and vehicles, and investments such as stocks, mutual funds, and retirement plans.
In this case, through the assets, one will be able to know that they're wealthy. The debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. This is the money that they owe.
The asset should more than the debt.
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Answer:
55
Step-by-step explanation:
Factors for 605: 1, 5, 11, 55, 121, and 605
Factors for 55: 1, 5, 11, and 55
So the highest common factor they have is 55.
HCF = 55
Answer:
-17 =x
Step-by-step explanation:
144 = -12 (x + 5)
Divide each side by -12
144/-12 = -12 (x + 5)/-12
-12 = x+5
Subtract 5 from each side
-12-5 =x+5-5
-17 =x
Answer:
Some Facts about lines (1) For non vertical line L, if L passes a point (x0,y0) with slope m, then an equation of line L is y − y0 = m(x − x0). (2) If a non vertical line L passes through distinct points (x1,y1) and x2(y2), then the slope of L is m = y2 − y1 x2 − x1 . x a + y b = 1.
Step-by-step explanation:
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