Ted Riley owns a Lexus worth $43,000. He owns a home worth $350,000. He has a checking account with $600 in it and a savings account with $3,000 in it. He has a mutual fund worth $116,000. His personal assets are worth $96,000. He still owes $21,800 on his car and $210,000 on his home, and he has a balance on his credit card of $2,700. What is Ted’s net worth?
Answers
In this case, Ted's net worth is $374,100
Net worth is the value of what a person owns minus the amount they owe. The value of Ted's assets is as follows:
Lexus: $43,000
Home: $350,000
Checking account: $600
Savings account: $3,000
Mutual fund: $116,000
Personal assets: $96,000
Total assets: $608,600
Ted's liabilities are as follows:
Car loan: $21,800
Home loan: $210,000
Credit card balance: $2,700
Total liabilities: $234,500
Therefore, Ted's net worth is the difference between his total assets and total liabilities:
$608,600 - $234,500 = $374,100
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Related Questions
would anyone be willing to give away tickets for a concert please?
Answers
What is profit in an economic system?
A. Profit is the investment a producer makes in the economy to achieve financial gain.
B. Profit is the net change in the value of the economy due to an exchange.
C. Profit is the financial gain resulting from an exchange.
D. Profit is the investment a consumer makes in the economy to achieve financial gain.
Answers
Answer:
I think D is correct answer
The profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
The information related to the profit is as follows:
It is the surplus that comes after deducting the cost from the revenue made. It is the investment that should be made by the consumer for attaining financial gain.Therefore all the other options are incorrect.
Thus we can conclude that profit in the economic system is the investment made by the consumer for accomplishing the financial gain.
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In the organizational structure, it is responsible for managing of income and expenses of a company.
Answers
Financial Controller is responsible for managing of income and expenses of a company.
Who is Financial Controller?Vital controllers additionally influence direction, anticipating, and planning at the organization level, in view of bookkeeping information.
The FC is a senior forerunner in the money group. Consequently, it's generally expected that employment forms show huge involvement with bookkeeping and assessment issues, in addition to the capacity to direct others and take responsibility for organization's books.
This requires more than just a gift for numbers. Controllers should be coordinated self-administrators, with the abilities to urge the more extensive organization to follow strategies and techniques.
Therefore it is the Financial controller who basically helps in managing the overall income.
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Unions creates a balance of power between workers and Businesses? true or false
Answers
Answer:
true
Explanation:
Answer:
True
Explanation:
Unions reduce wage inequality because they raise wages more for low- and middle-wage workers than for higher-wage workers, more for blue-collar than for white-collar workers, and more for workers who do not have a college degree. Strong unions set a pay standard that nonunion employers follow.
explain how seatbelts reduce injury to passengers using Newtons laws of motion
Answers
Answer:
A body in motion stays in motion. Seat belts prevent the body from moving after a crash or other stopping of the car.
Explanation:
Answer:
Seat belts stop you tumbling around inside the car if there is a collision. Upon sensing a collision the seat belts lock in place. When the car crashes, there is no unbalanced force acting on the person, so they continue forward (Newton's First Law). The person moves against the seat belt, exerting a force on it.
Explanation:
Why did Krispy Kreme decide to manufacture all the donut mix and distribute it to the stores?
a) it made the products more consistent in various stores
b) franchise law demands is kind of central production
c) It is always cheaper to use this method
d) The company was having problems with distributors
Answers
Answer:
Option A
Explanation:
In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company. Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.
They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,
Which statement best describes appreciation in a home?
A. Appreciation is guaranteed.
B. Appreciation is the amount of taxes you pay on your home.
C. Appreciation is an increase in value of your home over time.
D. Appreciation occurs at a fixed percentage rate.
Thank you!
Answers
Answer:
C. Appreciation is an increase in value of your home over time.
If 60% of the population is female and 30% of females buy physical therapy services, and 70% of men buy physical therapy services, is there more demand for physical therapy from women or men?
a. women
b. men
Answers
Answer:
Men.
Explanation:
Well, 70% of 40% (100% - 60%) = 28% total population demand.
30% of 60% = 18%
28% > 18%
Answer:
Men
Explanation:
Let the number of men and female be 100
60% of 100 is 60
Therefore there are 60 female
30% of 60 is 18
so 18 women buy physical therapy
40% of 100 is 40
Therefore there are 40 men
70% of 40 is 28
so 28 men buy physical therapy
28>18 therefore there is a greater demand of physical therapy from men
What is a C corporation?
Answers
Answer:(:
Explanation:
A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners.
***GIVING BRAINLIEST*** If you review your credit report and find an error, and you're able to prove it is, indeed, an error, how long does the credit bureau have to remove the error
Answers
Explanation:
he has to take as much time as he can
Cintas serves Fidelity Investment offices throughout the United States with first aid cabinets that are stocked with bandages, ointments, burn care, and single-dose tablets for pain relief. Fidelity can manage its orders through a personalized company website. The office manager at one Fidelity location logs in to the website and places their usual order. This is an example of a _______.
a. revised buy.
b. modified rebuy
c. new buy.
d. straight rebuy.
Answers
This above scenario is an example of a modified rebuy.
What is a modified buying decision?The modified rebuy is known to be a term that connote a business buying scenario in which the buyer is known to wants to change product specifications, prices, terms, or suppliers.
It is known as a buying situation where people or organization buys goods that have been purchased before but alters either the supplier or other element.
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When the IPO for the successful Sweet Cookie Company came out, Bud bought 1,000 shares for $5.50 each. His friend eventually bought 500 shares at $8 each. It is most likely that Bud is _____. (Select all that apply.)
ANSWER:
-an investment Banker
-a customer of an investment Banker
Answers
The answer is - an investment banker and a customer of an investment Banker.
Therefore, When the IPO for the successful Sweet Cookie Company came out, Bud bought 1,000 shares for $5.50 each. His friend eventually bought 500 shares at $8 each. It is most likely that Bud is - an investment banker and a customer of an investment Banker.
Hence, the correct answers are-
-an investment Banker-a customer of an investment BankerWhat is the simplest definition of investment?An investment is an asset or object purchased with the intent of creating income or appreciation.
The term "appreciation" refers to the growth in the worth of an asset through time. When an individual acquires a thing as an investment, the intention is not to consume the commodity but rather to use it in the future to produce wealth.
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Unions, which have market power over the supply of labor, can threaten strikes as part of negotiating employment contracts on behalf of union members. What is the effect of unions having this power
Answers
Answer:
The effect of unions will be "Union wages are generally higher than nonunion wages".
Explanation:
A group of employees decided to join together through a particular variety of organizations to strengthen their employment conditions and also some help to promote the organization's mutual interests.Union wages or salaries shall be determined by the service agreement. This always appears to mean except for non-union working environments, union employees again for the entire length of everyone's agreement should not have to think too hard concerning compensation or welfare cuts.So that the above is the appropriate answer.
Condo A is more liquid than condo B. This means that Condo A will be easier to sell than Condo B.
True or False: Cash returns never change over the course of a property’s life.
True or False: $100 in five years is worth less than $100 tomorrow.
Answers
True, if Condo A is more liquid than Condo B, it means Condo A will be easier to sell than Condo B. False, cash returns can change over the course of a property's life due to factors like market conditions, rental rates, and property management. True, $100 in five years is worth less than $100 tomorrow due to the time value of money, which accounts for inflation and opportunity costs.
Liquidity refers to the ease of converting an asset into cash, so if Condo A is more liquid than Condo B, it means that Condo A can be sold more easily and quickly than Condo B. False. Cash returns can change over the course of a property's life depending on various factors such as changes in the real estate market, the condition of the property, and the level of maintenance and upgrades performed. True. This is due to inflation and the time value of money. Inflation reduces the purchasing power of money over time, meaning that $100 today can buy more than $100 in five years. Additionally, the time value of money suggests that money is worth more in the present than in the future because it can be invested and earn interest or returns.
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100 points if you have the correct answer ^^
Assignment Introduction
Assume that you are involved in a job search. You are ready to construct an outstanding résumé to put before employers. You have carefully reviewed and documented your list of abilities, hard and soft skills, education, credentials, and past work experience (including volunteering). You have also considered your personality traits and job preferences. However, you have not narrowed your search to just one type of consumer services job, and you have seen several that interest you.
Assignment Directions
Using any or multiple sources (newspaper, trade or association publication, online job board, networking site, etc.), select two job listings. They must have very different job descriptions in different fields. For example, bookkeeping in a hospital and a customer service position in a retail setting. Using your own actual information, construct a general purpose résumé suitable for handing out in person. You may choose any format that is appropriate to your situation. Using the same information, build two more résumés, one each targeting the two different job descriptions and formatted to submit digitally/online.
Assignment Guidelines
Your submission must do the following:
Total three sheets; one typed page each for your basic and two targeted résumés
Include copies of your two chosen job descriptions as an attachment.
Each résumé must contain the following:
Your contact information
Educational background
Employment history, most recent to oldest (minimum 3 entries; if you do not have 3, you may make one up, as long as it is plausible and appropriate).
Accomplishments (two or three entries)
Special skills, including foreign languages spoken, as applicable
Submission Requirements
Proofread for spelling, grammar, and punctuation
Use complete sentence structure and standard written English; do not use texting abbreviations or other shortcuts
Source all references in a proper format
Answers
Your submission should include three sheets; one typed page each for your basic and two targeted résumés. The basic résumé should contain your contact information, educational background, employment history, accomplishments, and special skills.
What is education?Education is the process of acquiring knowledge, skills, values, beliefs, and habits. It is an important part of our life and it helps us to develop as individuals and to become better citizens. Education is an essential part of our society and it provides us with the necessary tools to grow and succeed.
The two targeted résumés should be tailored to the two job descriptions you have chosen, and should include the same information as the basic résumé. You should also include copies of your two chosen job descriptions as an attachment.
When writing your résumés, you should proofread for spelling, grammar, and punctuation, use complete sentence structure and standard written English, and source all references in a proper format.
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Question 1 (1 point) (Figure: Determining Short-Run Supply Curves) Which segment represents the short- run supply curve? Price and Cost (5) 1 2 3 5 6 4 Output 7 O O a) DE Ob) CE O O c) AE O O d) BE
Answers
CE segment represents the short- run supply curve.
In the short run, the supply curve starts from minimum AVC as the firm will not produce if the price is below the minimum AVC and it sets P=MC for profit maximization
So, the supply curve will be the part of the MC curve which starts from minimum AVC
= CE
The supply curve is a graphic representation of the correlation between the cost of a great or carrier and the amount furnished for a given duration. In an average instance, the fee will appear on the left vertical axis, even as the quantity supplied will appear at the horizontal axis.
In economics, supply is the amount of a aid that corporations, producers, labourers, providers of financial property, or different economic dealers are inclined and capable of offer to the market or to an man or woman. deliver can be in produced goods, labour time, raw substances, or any other scarce or precious item.
The supply curve could be upward sloping, and there's a right away relationship between the charge and amount. perfectly inelastic, inelastic, unit elastic, elastic, and flawlessly elastic are the types of the curve elasticity. Economists, governments, and producers use it to understand patron and marketplace conduct.
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Select the best answer for the question.
2. Which functional area in a retail store usually manages the on-site revenue generation, administration, and reports on the center's expenses?
O A. Finance
O B. Information Technology (IT)
C. Human Resources
O D. Visual Merchandising
Answers
Answer:
Human resources
Explanation:
If you were pitching the idea for this product, what would you say?
Answers
Answer:
you didn't put a picture
Explanation:
I would be happy to help still
which of the following might be an alternative definition of business-level strategy? a. a picture of what the firm wants to be in broad terms and what it hopes to achieve b. a plan for how the company will compete in its industry against its rivals to achieve a competitive advantage c. the inputs into a firm's production process, including physical, human, and organizational capital d. the source of competitive advantage for a firm to deliver above-average returns
Answers
The alternative definition of business-level strategy is B)"a plan for how the company will compete in its industry against its rivals to achieve a competitive advantage." The correct one is option B.
What is a business-level strategy?A business-level strategy is a collection of activities aimed at gaining a competitive advantage within a specific industry or market sector. The goal is to outperform competitors by delivering a differentiated product or service to the customers that meets their needs, demands, and preferences.
To achieve this competitive advantage, firms must have a clear understanding of their strengths and weaknesses, as well as those of their rivals. They must also have a solid plan for how they will compete in their industry or market segment.
The alternative definition of business-level strategy is "a plan for how the company will compete in its industry against its rivals to achieve a competitive advantage."
This alternative definition of business-level strategy highlights the importance of developing a plan to outperform competitors. It emphasizes that businesses must have a clear understanding of their competitors' strengths and weaknesses in order to identify the best opportunities for gaining a competitive advantage.
By developing a clear plan for how they will compete in their industry or market segment, businesses can increase their chances of success and deliver above-average returns.
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soul is a music genre that evolved from the songs made out of loneliness by
Answers
Answer:
if you're asking what the origin of soul is, the it is the loneliness by slaves
in the customer and stakeholder pillar, what common measure relies on social considerations to help gauge potential retention and repeat purchases?
Answers
In the customer and stakeholder pillar, the common measure that relies on social considerations to gauge potential retention and repeat purchases is: Corporate Social Responsibility (CSR).
CSR involves businesses considering their impacts on society, the environment, and their stakeholders (including customers, employees, and shareholders) and taking actions to minimize negative impacts while maximizing positive ones.
Companies with strong CSR practices tend to have a better reputation, which can lead to higher customer retention and repeat purchases.
When businesses focus on social considerations, they demonstrate a commitment to ethical practices, social causes, and environmental sustainability. This commitment can help build trust with customers and stakeholders, and in turn, improve customer satisfaction and loyalty.
By engaging in CSR initiatives, businesses can also differentiate themselves from competitors and attract new customers who share the same values.
In summary, in the customer and stakeholder pillar, the common measure that relies on social considerations to gauge potential retention and repeat purchases is Corporate Social Responsibility.
This measure helps businesses maintain a positive reputation, attract new customers, and strengthen relationships with existing customers by focusing on ethical practices and social causes.
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You have a 15 year maturity, 4% coupon, 6% yield bond with duration of 10.5 years and a convexity of 128.75. The bond is currently priced at $805.76. If the interest rate were to increase 200 basis points, your predicted new price for the bond (including convexity) is _________.
A) $638.85
B) $642.54
C) $666.88
D) $705.03
Answers
The correct option is D) $705.03. The predicted new price of the bond (including convexity) can be calculated by using the formula given below:Change in bond price = (- Modified duration x ∆y x P) + (Convexity x ∆y² x P).
Where,Modified duration (Dm) = 10.5 Convexity (C) = 128.75 Initial bond price (P) = $805.76∆y = Change in yield in decimal form = 0.02 Firstly, calculate the price change due to modified duration:Change in bond price due to modified duration= (- Modified duration x ∆y x P)=- (10.5 x 0.02 x $805.76)=- $168.99. Secondly, calculate the price change due to convexity:Change in bond price due to convexity= Convexity x ∆y² x P= 128.75 x (0.02)² x $805.76= $68.26. Lastly, add up the results of both calculations:Predicted new price of the bond = Initial bond price + Change in bond price= $805.76 - $168.99 + $68.26= $705.03.
Therefore, the predicted new price of the bond (including convexity) when the interest rate is increased 200 basis points is $705.03.
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in the continuous change process model, the person responsible for managing the change effort is called
Answers
In the continuous change process model, the person responsible for managing the change effort is called a change agent.
What is the Continuous Change Process Model?The continuous change process paradigm encompasses the forces of change, the change process, a change agent, and transition management. This change model addresses it from the perspective of senior management and sees change as an ongoing activity.
Not to mention, a major alteration that is seen as a journey rather than as a destination. As an illustration, consider a city that strives to have the highest quality of life in the US and initiates a bold reform with widespread support.
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Internal Stakeholders → Exhibition that is open to the public, usually requiring an entrance fee.
True
False
Answers
Answer:
Explanation:
t
The Answer to this question is False
Which of the following statements would be considered pros of globalization?
Increased competition between countries
Increased immigration of unskilled workers
Increased public funding for education and immigration of those citizens with education
Increased consumption of wide variety of goods leading to increased production
Answers
Answer:
increased consumption of wide variety of goods leading to increased production.
Explanation:
im sorry if i get it wrong
why is market development necessary ?
Answers
The profits for a company were $18.2 million in 2008 and have increased each year by $1.6 million. Let t represent the years since 2008. Set up and solve a linear equation to find the year when the profits would reach $29.4 million.
Answers
In the case, the year when the profits would reach $29.4 million is 2015.
Given that the profits for a company were $18.2 million in 2008 and have increased each year by $1.6 million. Let t represent the years since 2008.
To find the year when the profits would reach $29.4 million we need to set up a linear equation and solve it.
Step-by-step solution:
We know that profits increased by $1.6 million each year. So, the profits can be represented as:
$$P=1.6t+18.2$$
where P is profits and t is the number of years since 2008.
Now, we need to find the year when the profits would reach $29.4 million. So, we need to solve the equation for t when P = $29.4 million.
$$29.4=1.6t+18.2$$
Subtract 18.2 from both sides of the equation.
$$29.4-18.2=1.6t$$
Simplify.
$$11.2=1.6t$$
Divide both sides by 1.6.$$t=7$$
So, the profits will reach $29.4 million after 7 years from 2008.
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Name a form of ownership that is represented by South African broadcasting corporation (SABC) and outline four characteristics of this form of ownership
Answers
Answer:
State ownership
Explanation:
State ownership, or government ownership, or public ownership, is a form of ownership were the government owns or partly owns as well has control over a business with the revenue from the business or establishment being added as benefits accruable to the welfare of the public
The characteristics of a state ownership are;
1) State ownership means that the government is the owner, or part owner of the establishment, where part ownership belongs to the public
2) The main purpose of a state owned business is not to make profit, but rather to provide public welfare, that benefits the residents of the country
3) The profits from the business are entered into the treasury of the state and are used to carry out public welfare projects
4) The employees of the government are the managers of the establishment which is subject to bureaucracy, and the business is operated with a state selected board of directors
5) The government determines the manner of stability present in the business, as well as the winding up of state owned businesses that have no function
6) The state owned business is operated by the laws and policy if the business and it is therefore recognized as an autonomous body
assuming you can earn percent annually on your investments, how much must you invest at the end of each of the next years to be able to buy your dream home when you retire? a. If the house you are looking at currently costs $160,000 and is expected to increase in value each year at a rate of 5 percent, what will the value of the house be when you retire in 6 years? (Round to the nearest cent.) b. Assuming you can earn 9 percent annually on your investments, how much must you invest at the end of each of the next 6 years to be able to buy your dream home when you retire? Round to the nearest cent.)
Answers
An investment plan for a dream home involves saving and investing a specific amount of money over a certain period of time to purchase a desired property.
a. To calculate the value of the house when you retire in 6 years, we need to use the formula for future value:
FV =\(PV x (1 + r)^n\)
Where FV is the future value, PV is the present value, r is the annual interest rate, and n is the number of years. Plugging in the values given, we get:
FV =\($160,000 x (1 + 0.05)^6 = $217,096.25\)
So the value of the house when you retire in 6 years will be $217,096.25.
b. To calculate the amount you need to invest each year to buy your dream home when you retire, we need to use the formula for present value of an annuity:
PV = \(PMT x [(1 - (1 + r)^-n) / r]\)
Where PV is the present value, PMT is the annual payment, r is the annual interest rate, and n is the number of years. Plugging in the values given, we get:
PV = $217,096.25
r = 0.09
n = 6
PMT =\(PV / [(1 - (1 + r)^-n) / r]\)
PMT = $\(217,096.25 / [(1 - (1 + 0.09)^-6) / 0.09]\)
PMT = $27,688.91
So you would need to invest $27,688.91 at the end of each of the next 6 years to be able to buy your dream home when you retire.
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Which statement best illustrates the relationship between three different
elements of the circular flow of products?
A. Product markets offer labor to businesses, which creates jobs for
households.
B. Resource markets sell goods to product markets, which sell the
goods to businesses
C. Households pay wages to businesses, which can then set up
product markets.
D. Businesses create goods for product markets, which sell them
directly to households.
Answers
Answer: is D
Explanation:
The statement, businesses create goods for product markets, which sell them directly to households, is best illustrates the relationship between three different elements of the circular flow of products.
What is a circular flow?
The most popular version of this model displays the circular flow of revenue between the consumer and business sectors. The product market and the resource market are placed between the two.
Consumer spending is the mechanism through which households' money flows to the market for goods and services when they are in need of them. The product market purchases goods and services from companies and sells them to households, making a profit.
As a result, option (d) is correct.
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