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pashok25 [27]
3 years ago
12

Explain how to calculate a person’s net worth and why they would need to know their net worth?

Business
1 answer:
slavikrds [6]3 years ago
4 0

Answer:

Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. it can help you identify areas where you spend too much money

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) If product Light is processed further and sold, what would be the financial advantage (disadvantage) for Bodbbm177 Corporation
m_a_m_a [10]

Answer: Disadvantage of -$5,800

Explanation:

Incremental sales revenue if processed further and sold = (12 - 10) * 2,200

= $4,400

Additional cost = $10,200

Financial Advantage(Disadvantage) = Incremental revenue - Additional cost

= 4,400 - 10,200

= -$5,800

3 0
3 years ago
As a result of compounding, the effective annual rate on a bank deposit (or a loan) is always equal to or greater than the nomin
Rina8888 [55]

It should be noted that the effective annual rate on a bank deposit is always equal to or greater than the nominal rate on the deposit. Therefore, it is true.

<h3>What is effective annual rate?</h3>

The effective interest rate is the interest rate on a loan restated from the nominal interest rate and it is expressed as the equivalent interest rate when compound interest was payable annually in arrears.

As a result of compounding, the effective annual rate on a bank deposit (or a loan) is always equal to or greater than the nominal rate on the deposit.

Learn more about annual rate on:

brainly.com/question/15728540

4 0
3 years ago
What degree is required to become a radiation technologists
Dominik [7]

Radiology technologist must complete four years of schooling to obtain a bachelor’s degree in radiologic technology. Radiology technologist can later specialize in areas such as CT or MRI. Radiologic technologists should obtain certification from the American Registry of Radiologic Technologists.

5 0
4 years ago
If this market behaved like most​ markets, you would​ expect:A. equilibrium quantity to rise or fall and equilibrium price to fa
sergejj [24]

Answer:

C. equilibrium quantity and price to fall.

Explanation:

Equilibrium of price is the intersection of demand and supply curve at a price, which mean quantity demanded is equal to quantity demanded. There is shift in demand or supply curve due change in various factor, like price, income, customer´s preference, technologies etc. If market reachs below equilibrium price then there will be higher demand and low supply in the market. Shift in demand and supply curve lead to increase or decrease in equilibrium price and quantity. If demand curve shift downward, which means there is decrease in quanity demanded and supply does not change, which lead both equilibrium price and quantity to fall.

6 0
3 years ago
Why are benefits of the sale or purchase of bonds?
Anon25 [30]
When bonds are sold to investors, the government benefits because it gets an injection of cash, while the purchaser benefits because in a few years it will have accrued interest.
3 0
4 years ago
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