______ refers to a person's total assets, such as real estate holdings, cash, stocks, bonds, so forth

Answers

Answer 1

The term that refers to a person's total assets, including real estate holdings, cash, stocks, bonds, and other financial assets is known as net worth.

Net worth is the total value of all the assets that an individual or entity holds, minus any liabilities. It is essentially the amount of money that a person would have left if they were to sell all of their assets and pay off all of their debts.
Net worth is an important metric for individuals as well as companies because it provides a clear picture of their financial standing. By calculating their net worth, individuals can determine how much they can afford to invest, save or spend. Additionally, net worth can be used to evaluate the financial health of companies, as it shows the value of their assets and how much they owe to others. In summary, net worth is a crucial financial metric that includes a person's total assets, such as real estate holdings, cash, stocks, bonds, and other financial assets. It provides an accurate representation of an individual's financial standing and is a key factor in determining their investment and spending decisions.

Learn more about total assets here

https://brainly.com/question/15649643

#SPJ11


Related Questions

The amount of gain on an installment sale recognized each year is calculated by multiplying the _______ _______ _______ by the installment payment received.

Answers

The amount of gain on an installment sale recognized each year is calculated by multiplying the gross profit percentage by the installment payment received.

In an installment sale, a seller allows the buyer to make payments over a period of time, instead of requiring full payment upfront. This method of recognizing income can provide significant tax benefits for the seller, as the income is recognized gradually over the life of the installment agreement.

To calculate the gain on an installment sale, first determine the gross profit percentage. This is done by dividing the gross profit (total selling price minus the seller's basis, or cost, in the property) by the total selling price. The gross profit percentage represents the proportion of each installment payment that should be recognized as income.

Once you have the gross profit percentage, multiply it by the installment payment received each year. This will give you the amount of gain recognized for that year. By using this method, the seller can spread out the recognition of income, potentially reducing their overall tax liability.

In summary, the amount of gain on an installment sale recognized each year is determined by multiplying the gross profit percentage by the installment payment received. This allows the seller to recognize income gradually over the life of the installment agreement, potentially offering tax benefits and easing financial planning.

Learn more about installment sale here: https://brainly.com/question/29759090

#SPJ11

25. A firm has a debt to equity ratio of 50%, debt of $300,000, and net income of $90,000. The return on equity is:
A. 60%
B. 15%
C. 30%
D. not enough information.

Answers

The answer to this question is option D, not enough information. While we are given the debt-to-equity ratio and the amount of debt, we are not provided with the equity amount or the return on assets. Therefore, we cannot calculate the return on equity.

Return on equity is calculated by dividing the net income by the equity, which is the difference between the assets and the liabilities. In this case, we are only given the debt amount and not the asset amount or the equity amount.

To calculate the debt-to-equity ratio, we divide the total debt by the total equity. In this case, the ratio is 50%, which means that for every dollar of equity, there are 50 cents of debt.

Net income is the profit that a company makes after deducting all expenses from the total revenue. In this case, the net income is $90,000.

In summary, we cannot calculate the return on equity without knowing the equity amount and return on assets. Therefore, the answer is option D, not enough information.

Learn more about debt here:

https://brainly.com/question/31102427

#SPJ11

A person age 26 wishes to accumulate a fund for retirement by depositing an amount X at the end of each year into an account paying 7.1% interest. At age 65, the person will use the entire account balance to purchase a 16-year 9.3% annuity-immediate with annual payments of 58,000. Find X.

Answers

The person needs to deposit $1,191.85 at the end of each year to accumulate a fund for retirement and purchase the desired annuity at age 65.

To solve for X, we need to use the formula for the present value of an annuity, which is:

PV = (PMT * (1 - (1 + r)∧(-n))) / r

where PV is the present value of the annuity, PMT is the annual payment, r is the annual interest rate, and n is the number of periods.

We know that the person will deposit X at the end of each year, and the account will earn 7.1% interest. So, after 39 years (from age 26 to 65), the account balance will be:

A = X * ((1 + 0.071)∧39 - 1) / 0.071

To purchase a 16-year 9.3% annuity-immediate with annual payments of 58,000, the person will need:

PV = 58,000 * ((1 - (1 + 0.093)∧(-16)) / 0.093)

Setting these two equations equal to each other and solving for X, we get:

X = PV * 0.071 / ((1 + 0.071)∧39 - 1)

Substituting the values we have, we get:

X = 1,191.85

To know more about annuity visit:

https://brainly.com/question/29488566

#SPJ11

Simon Bank has $0 excess reserves and is fully loaned up if the reserve ratio is:

Answers

Still, Simon Bank is completely lent out and has no redundant reserves, If the Reserve ratio is zero.

A bank is lent up when its redundant reserves equal zero. Last but not least, we will disregard deposits other than confirmable deposits, loans, and reserves.

To further simplify the analysis, we will assume that banks don't have a net worth; their coffers are original to their arrears. The proportion of reservable arrears that marketable banks are needed to keep rather of lending or investing is known as the Reserve ratio.

This isn't entirely settled by the country's public bank, which in the US is the Central bank. The cash reserve rate is a different name for it.

overkill saves are characterized as means held at the bank that surpasses the Central Bank's base prerequisite.

To know more about the Reserve ratio,

brainly.com/question/14471472

#SPJ4

Suppose a poing agency reported that 432% of registered vaters were in favor of faining income taxes to pay down the national debt. The agency states that results are based on telephone Interviews with a random sample of 1011 registered voters. Suppose the agency states the margin of error for 90% confidence is 4,0% Determine and interpret the confidence interval for the proportion of registered Voters who are in favor of raising income taxes to pay down the national debt. GEER We are 1011% confident that the proportion of registered voters in favor of raising income taxes to pay down the national dott is between and (Type integers or decimals rounded to three decimal places as needed. Usending order)

Answers

The confidence interval for the proportion of registered Voters who are in favor of raising income taxes to pay down the national debt is 0.0035, 0.0835.

To determine the confidence interval for the proportion of registered voters who are in favor of raising income taxes to pay down the national debt, we need to use the margin of error and the sample proportion.

The sample proportion is 432% or 4.32 as a decimal.

Using the formula for the margin of error for a proportion, we have:
margin of error = z * sqrt(p*(1-p)/n)
where z is the z-score for the confidence level (90% in this case), p is the sample proportion, and n is the sample size.

Substituting the values given, we have:
0.04 = 1.645 * sqrt(4.32*(1-4.32)/1011)

Solving for p, we get:
p = 0.0435

Now, we can use the formula for the confidence interval:
confidence interval = sample proportion +/- margin of error

Substituting the values, we have:
confidence interval = 0.0435 +/- 0.04

Simplifying, we get:
confidence interval = (0.0035, 0.0835)

Therefore, we are 90% confident that the proportion of registered voters in favor of raising income taxes to pay down the national debt is between 0.0035 and 0.0835.

Learn more about confidence interval here: https://brainly.com/question/15712887

#SPJ11

Which of the following groups is a supranational organization?
A) United Nations
B) Organization for Economic Cooperation and Development
C) International Federation of Accountants
D) All of the above

Answers

All three given organizations are considered supranational, as they involve collaboration between multiple countries and operate beyond the authority of individual national governments. So, the answer is D) All of the above.

A supranational organization is an international organization that transcends national boundaries and has the authority to make decisions that are binding on its member states. The United Nations is a prime example of a supranational organization as it has a global reach and its decisions are binding on all its member states.

Similarly, the Organization for Economic Cooperation and Development (OECD) is a supranational organization that focuses on promoting economic growth and cooperation among its member states. The International Federation of Accountants (IFAC) is another example of a supranational organization that oversees the global accounting profession. Therefore, all three options listed are supranational organizations.

To know more about supranational refer here:

https://brainly.com/question/9030486#

#SPJ11

suppose you trade dollars and euros for a bank that has branches in los angeles and paris. you can electronically transfer the funds between the two branch locations at no cost, and trading commissions are negligible. the current dollar-per-euro exchange rate in los angeles is e$/eurla

Answers

Assuming other foreign exchange traders face the same situation, they will also buy dollars in Rome and sell them in Los Angeles, As a result: the dollar-per-euro exchange rate will eventually reach equilibrium between the two locations.

The current dollar-per-euro exchange rate in Los Angeles is E = 1.5952, and in Rome, it is E/EUR 80 = 1.6244. Since the exchange rate is higher in Rome, you can make a profit for the bank by buying euros in Los Angeles and selling them in Rome.

1. Buy euros in Los Angeles at the exchange rate of E = 1.5952 dollars per euro.


2. Transfer the euros electronically to the Rome branch at no cost.


3. Sell the euros in Rome at the exchange rate of E/EUR 80 = 1.6244 dollars per euro.

The difference between the two exchange rates represents the profit you can make for the bank. Assuming other foreign exchange traders face the same situation as you, they will also buy dollars in Rome and sell them in Los Angeles. As a result, the dollar-per-euro exchange rate will eventually reach equilibrium between the two locations.

To know more about foreign exchange, refer here:

https://brainly.com/question/30992241#

#SPJ11

Complete question:

Suppose you trade dollars and euros for a bank that has branches in Los Angeles and Rome, You can electronically transfer the funds between the two branch locations at no cost, and trading commissions are negligible. The current dollar-per-euro exchange rate in Los Angeles s E=1.5952 while in Rome it is E/EUR 80=1.6244. You can make a profit for the bank if you buy euros in and sell them in Los Angeles Assuming other foreign exchange traders face the same as you do, they will buy dollars in As a result, the dollar-per-euro e Rome Angeles(ESEUR and seil them in:

The following standards for variable overhead have been established for a company that makes only one product:
Standard hours per unit of output 4.4 hours
Standard variable overhead rate $16.00 per hour
The following data pertain to operations for the last month:
Actual hours 8,100 hours
Actual total variable overhead cost $124,990
Actual output 1,820 units
a. What is the variable overhead rate variance for the month?
b. What is the variable overhead efficiency variance for the month?

Answers

a. The variable overhead rate variance for the month is  -$3,138. b. The variable overhead efficiency variance for the month is $1,472 (unfavorable).

a. To calculate the variable overhead rate variance for the month, follow these steps:

1. Compute the standard variable overhead cost: Standard hours per unit of output (4.4 hours) x Standard variable overhead rate ($16.00 per hour) = $70.40 per unit
2. Compute the total standard variable overhead cost: Actual output (1,820 units) x Standard cost per unit ($70.40 per unit) = $128,128
3. Compute the variable overhead rate variance: Actual total variable overhead cost ($124,990) - Total standard variable overhead cost ($128,128) = -$3,138

The variable overhead rate variance for the month is -$3,138 (favorable).

b. To calculate the variable overhead efficiency variance for the month, follow these steps:

1. Compute the standard hours for actual output: Actual output (1,820 units) x Standard hours per unit (4.4 hours) = 8,008 hours
2. Compute the variable overhead efficiency variance: (Actual hours (8,100 hours) - Standard hours for actual output (8,008 hours)) x Standard variable overhead rate ($16.00 per hour) = 92 hours x $16.00 = $1,472

The variable overhead efficiency variance for the month is $1,472 (unfavorable).

Learn more about overhead efficiency here: https://brainly.com/question/28240324

#SPJ11

Which type of action is needed to prevent or minimize loss in an emergency?
Select one:
Immediate
Gradual
Prolonged
Sporadic

Answers

Immediate action is needed to prevent or minimize loss in an emergency. In such situations, time is of the essence, and taking swift, decisive steps can greatly reduce the potential for harm, damage, or further complications. Immediate action allows for a more effective response, which in turn helps to ensure the safety and well-being of those affected by the emergency.


An effective emergency response typically involves the following components: identification of the emergency, quick assessment of the situation, activation of relevant response plans, communication with relevant parties, and the actual execution of appropriate actions. Immediate action does not mean hasty or ill-considered actions; rather, it emphasizes the importance of promptly initiating the proper response to mitigate the negative consequences of an emergency.

Gradual, prolonged, and sporadic actions may not be sufficient in addressing the urgent nature of emergencies. These approaches could lead to increased loss, harm, or damage as they do not address the immediate needs presented by the emergency situation. In contrast, immediate action is crucial to effectively manage an emergency and minimize its potential impact on people, property, and the environment.

Learn More about emergency here :-

https://brainly.com/question/13004123

#SPJ11

A bond's market price is $1,100. It has a $1,000 par value, will mature in 12 years, and has a coupon interest rate of 8 percent annual interest, but makes its interest payments semiannually. What is the bond's yield to maturity? What happens to the bond's yield to maturity if the bond matures in 24 years? What if It matures in 6 years?

Answers

The number of periods until maturity would be 48 if the bond matures in 24 years, and the YTM would be lower because the bond has a longer term. The bond has a shorter term if it matures in 6 years, the number of periods until maturity would be 12 and the YTM would be higher.

The bond's yield to maturity

YTM = (C + ((F - P) / n)) / ((F + P) / 2)

C = annual coupon payment

F = face value (par value) of the bond

P = market price of the bond

n = number of periods until maturity

For semiannual payments, the semiannual coupon payment is $40

C = $1,000 x 8% = $80

F = $1,000

P = $1,100

n = 12 x 2 = 24

YTM = ($40 + (($1,000 - $1,100) / 24)) / (($1,000 + $1,100) / 2)

YTM = 3.42%

The number of periods of YTM is 48.

Learn more about yield to maturity at:

brainly.com/question/26376004

#SPJ4

An allele of RNA polymerase in Drosophila Juodovi demonstrates a recessive lethal inheritance pattern. Which of the following is true? subnormon a. Two heterozygotes will have offspring with a 2:1 pattern. Vw w srl row nota o evits b. Two homozygous recessive parents will have 100% homozygous offspring. c. Homozygous recessive offspring will never be seen. will maswb su to mo d. The threshold effect is not seen in recessive lethality. on siis v bliw Polswb So e. Homozygous lethal genes will always to sometne demonstrate a gain of function pattern.

Answers

Tthe RNA polymerase allele in Drosophila Juodovi, the correct statement is:
a. Two heterozygotes will have offspring with a 2:1 pattern.

This is because, in a recessive lethal inheritance pattern, when two heterozygous parents mate, the offspring will follow a 2:1 pattern.

This is because the homozygous recessive offspring will not survive due to the lethal allele, and only the heterozygous and homozygous dominant offspring will be observed. The other statements are not true in the context of recessive lethal inheritance patterns.

In genetics, a recessive lethal inheritance pattern is a genetic pattern in which an individual must inherit two copies of a specific gene (one from each parent) to develop a lethal condition. This means that individuals with only one copy of the gene (heterozygotes) are unaffected but can pass the gene on to their offspring.

To know more about RNA refer here:

https://brainly.com/question/25979866#

#SPJ11

THE FOLLOWING FACTS APPLY TO THE PENSION PLAN FOR DEAN INC. FOR YEAR 2021
PLAN ASSETS JAN 1 2021 $540,000.00
PROJECTED BENEFIT OBLIGATION JAN 1 2021 $540,000.00
SETTLEMENT RATE 12.50%
SERVICE COST $38,500.00
CONTRIBUTIONS (FUNDING) $50,000.00
ACTUAL EXPECTED RETURN ON ASSETS $55,600.00
BENEFITS PAID TO RETIREES $45,900.00
SHOW SEPARATELY AN TOTAL PLAN ASSET/LIABILITY CALCULATION.
USING THIS DATA COMPUTE PENSION EXPENSE FOR 2021. AS PART OF YOUR SOLUTION, PREPARE A PENSION WORKSHEET
THAT SHOWS THE JOURNAL ENTRY FOR PENSION EXPENSE FOR 2021 AND THE YEAR-END BALANCES IN THE RELATED PENSION ACCOUNTS.
WRITE OUT THE JOURNAL ENTRY THAT WILL BE MADE

Answers

THE FOLLOWING FACTS APPLY TO THE PENSION PLAN FOR DEAN INC. FOR YEAR 2021

PLAN ASSETS JAN 1 2021 $540,000.00

PROJECTED BENEFIT OBLIGATION JAN 1 2021 $540,000.00

SETTLEMENT RATE 12.50%

SERVICE COST $38,500.00

CONTRIBUTIONS (FUNDING) $50,000.00

ACTUAL EXPECTED RETURN ON ASSETS $55,600.00

BENEFITS PAID TO RETIREES $45,900.00.

Taking into consideration, the above details, to calculate the total plan asset/liability for Dean Inc.'s pension plan for 2021, we can use the following formula:

Total Plan Asset/Liability = Plan Assets - Projected Benefit Obligation

Total Plan Asset/Liability = $540,000 - $540,000 = $0

To compute the pension expense for 2021, we can use the following formula:

Pension Expense = Service Cost + Interest Cost - Actual Return on Plan Assets +/- Amortization of Prior Service Cost +/- Amortization of Net Loss or Gain

Pension Expense = $38,500 + ($540,000 x 12.50%) - $55,600 = $32,450

As part of the solution, we need to prepare a pension worksheet that shows the journal entry for pension expense for 2021 and the year-end balances in the related pension accounts. The journal entry for pension expense for 2021 is:

Debit Pension Expense: $32,450 Credit Cash: $50,000 Credit Pension Liability: $17,550

Please note that this is just an example and actual calculations may vary depending on the specific details of Dean Inc.'s pension plan.*

Learn more about Pension Expense: https://brainly.com/question/15408263.

#SPJ11

when a company must inform consumers that its previous advertising messages were wrong or misleading, the company uses................. options: A.corrective advertising B.direct mail C.subliminal advertising D. cooperative advertising

Answers

When a company must inform consumers that its previous advertising messages were wrong or misleading, the company uses corrective advertising. Hence the correct answer is option A.

Corrective advertising is a type of advertising that aims to correct or clarify any false or misleading statements made in previous advertising campaigns. Direct mail is a marketing technique that involves sending advertising materials directly to consumers' mailboxes. Subliminal advertising is a controversial technique that involves embedding hidden messages in advertising materials in an attempt to influence consumers without their conscious awareness. Cooperative advertising involves two or more companies sharing the cost of advertising to promote their products or services.Therefore the correct answer is option A which is Corrective advertising.

know more about Subliminal advertising here: https://brainly.com/question/28941874

#SPJ11

assume that one year ago you bought 140 shares of a mutual fund for $20 per share, you received a capital gain distribution of $0.65 per share during the past 12 months, and the market value of the fund is now $15, calculate the percentage of total return for your $2,800 investment. (negative amount should be indicated by a minus sign. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)

Answers

Answer:

The initial investment was:

140 shares × $20/share = $2,800

The capital gain distribution received was:

140 shares × $0.65/share = $91

The current value of the investment is:

140 shares × $15/share = $2,100

The total return is the sum of the capital gain distribution and the change in value of the investment, divided by the initial investment, expressed as a percentage:

[($2,100 + $91) / $2,800 - 1] × 100% = - 5.11%

Therefore, the percentage of total return for the investment is -5.11%. Note that the negative sign indicates a loss.

Explanation:

You buy shovels for your garden outlet for $20 each. You keystone your prices. What will you sell the shovels for? a. $40 b. $10 O c. $30 Od $60

Answers

Keystoning refers to the practice of doubling the cost of a product to determine the selling price. In this case, since the shovels are purchased for $20 each, the selling price would be $40.

This means that for every shovel sold, there would be a profit of $20. However, it's important to consider factors such as competition and demand when determining the selling price.

If the market is highly competitive or there is low demand for shovels, it may not be possible to sell them for $40 and still make a profit. In such cases, it may be necessary to adjust the pricing strategy accordingly.

Nonetheless, keystone pricing can be an effective way to ensure profitability in business, especially when dealing with high-volume sales. It is a common pricing strategy used by many retailers to determine the selling price of their products.

To know more about Keystoning visit:

https://brainly.com/question/31318874

#SPJ11

The following are methods of determining marketing communications budgets, except:
A) percentage of sales
B) sales approximation
C) meet the competition
D) what we can afford

Answers

The method of determining marketing communications budgets that is not included in the given options is option C) meet the competition.

B) Sales approximation is not a commonly used method of determining marketing communications budgets. The commonly used methods of determining marketing communications budgets are: A) Percentage of sales: This method involves allocating a fixed percentage of the previous year's sales or anticipated sales for the upcoming year to the marketing communications budget.

C) Meet the competition: This method involves setting the marketing communications budget based on what competitors are spending on their marketing efforts. D) What we can afford: This method involves setting the marketing communications budget based on what the company can afford to spend. Sales approximation is not a commonly used method of determining marketing communications budgets.

Learn more about marketing communications here:

https://brainly.com/question/30040366

#SPJ11

which of the following are considered characteristics of money? portable uniform divisible acceptable select

Answers

The characteristics of money include portability, uniformity, divisibility, and acceptability.

Explaining  briefly each one:

1. Portable: Money is considered portable because it can be easily carried and used for transactions. This makes it convenient for people to engage in trade and exchange goods and services.

2. Uniform: Money needs to be uniform in design and appearance, ensuring that people can easily identify and compare its value.

Uniformity ensures that a specific denomination of money holds the same value, regardless of its physical condition or appearance.

3. Divisible: Money should be easily divisible into smaller units to facilitate transactions of various values. This allows people to use exact amounts for payments, making transactions more efficient and fair.

4. Acceptable: For money to function effectively, it must be widely accepted as a medium of exchange. This means that people should have confidence in the value of money and trust that others will accept it in exchange for goods and services.

In summary, the characteristics of money include its portability, uniformity, divisibility, and acceptability.

These features ensure that money serves as a convenient and efficient medium of exchange, allowing people to engage in trade and commerce more easily.

To know more about refer portability here

brainly.com/question/4518296#

#SPJ11

Once a taxpayer uses the standard mileage method to determine the deduction for automobile expenses for the tax year, the standard mileage method must be used in all subsequent years.
A. True
B. False"

Answers

The statement "Once a taxpayer uses the standard mileage method to determine the deduction for automobile expenses for the tax year, the standard mileage method must be used in all subsequent years" is False (B).


While the standard mileage method is a popular and simplified method for calculating the deduction for automobile expenses, it is not mandatory for all subsequent years once chosen. Taxpayers have the option to switch between the standard mileage method and the actual expense method in future tax years, with some limitations. If a taxpayer chooses to use the actual expense method in subsequent years, they cannot switch back to the standard mileage method for that specific vehicle. Additionally, if a taxpayer has used a depreciation method other than straight-line for the vehicle in previous years, they cannot use the standard mileage method.

Learn More about taxpayer here :-

https://brainly.com/question/29664276

#SPJ11

2. A study of the tasks required to do a job well is called a job analysis.

Answers

That statement is true. Job analysis is the process of studying and gathering information about the tasks, responsibilities, and requirements of a job.

It involves identifying the essential job duties, the knowledge, skills, and abilities required to perform the job, and the physical and environmental factors that affect job performance. The information obtained from a job analysis is used to develop job descriptions, determine job specifications, and create performance metrics for evaluating job performance. It is a critical process in human resource management as it provides the basis for recruitment, selection, training, performance management, and compensation decisions.

Learn more about environmental here:

https://brainly.com/question/21976584

#SPJ11

Q:

What is job analysis?

The following two payment options each has a present value of x. (i) 120 at the end of each year, forever, with the first payment due at t = 1. (ii) A payment of 2051.53 at t = 11, followed by 120 at the end of each year, forever, with the first payment of 120 due at t = 12. Find X. (Hint: for multiple choice problem, for each possible X find rate i to see whether it works]

Answers

The value of X in the present value of both payment options is $1,568.63.

A future sum of money present value (PV) is its current value after being discounted by a specific rate of return over a predetermined amount of time. A loan investment or other financial asset or liability value can be estimated using this financial concept.

Present Value= Payment / i

where i is the interest rate and Present Value=x.

(i) x = 120 / i

(ii) x = 2051.53 / (1 + i)¹¹ + 120 / i

equating both the equations

120 / i = 2051.53 /  (1 + i)¹¹ + 120 / i

2051.53 /  (1 + i)¹¹ = 0

i=  0.0765

solving for the value of x

x = 120 / 0.0765 = $1,568.63

x = $1,568.63

Learn more about present value at:

brainly.com/question/14860893

#SPJ4

A sole proprietor's owner's equity balance was $10,000 at the beginning of the year and was $22,000 at the end of the year. During the year the owner invested $5,000 in the business and had withdrawn $24,000 for personal use. The sole proprietorship's net income for the year was $__________.

Answers

The sole proprietorship's net income for the year was $31,000.

Let's analyze the information provided:

1. Beginning owner's equity balance: $10,000
2. Ending owner's equity balance: $22,000


3. Owner's investment during the year: $5,000
4. Owner's withdrawals for personal use: $24,000

Now, we need to find the net income for the year. The owner's equity balance is affected by the net income, investments, and withdrawals. To calculate net income, we can use the following formula:

Ending Owner's Equity = Beginning Owner's Equity + Owner's Investment - Owner's Withdrawals + Net Income

Let's plug in the values provided:

$22,000 = $10,000 + $5,000 - $24,000 + Net Income

Now, we can solve for the net income:

Net Income = $22,000 - $10,000 - $5,000 + $24,000
Net Income = $31,000

The sole proprietorship's net income for the year was $31,000.

To know more about net income, refer here:

https://brainly.com/question/15530787#

#SPJ11

Complete question:

A sole proprietor's owner's equity balance was $10,000 at the beginning of the year and was $22,000 at the end of the year. During the year the owner invested $5,000 in the business and had withdrawn $24,000 for personal use. The sole proprietorship's net income for the year was $__________.

the market value of the equity of nina, incorporated, is $586,000. the balance sheet shows $25,000 in cash and $196,000 in debt, while the income statement has ebit of $97,000 and a total of $141,000 in depreciation and amortization. what is the enterprise value-ebitda multiple for this company?

Answers

The Enterprise Value-EBITDA multiple for Nina, Incorporated is approximately 3.18.

How to calculate the enterprise value-EBITDA

The enterprise value (EV) and EBITDA multiple are important financial metrics to assess a company's valuation.

Let's calculate the EV and EBITDA for Nina, Incorporated using the provided information.

First, we need to calculate the Enterprise Value (EV):

EV = Market Value of Equity + Debt - Cash

EV = $586,000 (Equity) + $196,000 (Debt) - $25,000 (Cash)

EV = $757,000

Next, we need to calculate Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA):

EBITDA = EBIT + Depreciation and Amortization EBITDA = $97,000 (EBIT) + $141,000 (Depreciation and Amortization) EBITDA = $238,000

Finally, we calculate the EV-EBITDA multiple:

EV-EBITDA Multiple = Enterprise Value / EBITDA

EV-EBITDA Multiple = $757,000 / $238,000

EV-EBITDA Multiple ≈ 3.18

Learn more about enterprise value at

https://brainly.com/question/30767816

#SPJ11

micro final exam study guide 1.what is economics, and why is it important?2.what is studied in microeconomics and macroeconomics?

Answers

The branches of economics are important for understanding how the economy functions and for making informed decisions about economic policy.

Why we can studied in microeconomics and macroeconomic?

Economics is the social science that studies the production, consumption, and distribution of goods and services. It is important because it helps us understand how individuals, businesses, and governments make decisions about how to allocate resources. The principles of economics are relevant to a wide range of fields, including business, finance, public policy, and international trade.

Microeconomics and macroeconomics are two branches of economics that focus on different levels of analysis.

Microeconomics is the study of the behavior of individual consumers, firms, and industries. It examines how individuals and firms make decisions about what goods and services to produce, how to price those goods and services, and how to allocate resources efficiently. Microeconomics is concerned with issues such as supply and demand, market structures, consumer behavior, and production costs.

Macroeconomics is the study of the economy as a whole, rather than individual components. It examines the overall performance of the economy, including measures such as GDP, inflation, and unemployment. Macroeconomics is concerned with issues such as fiscal policy, monetary policy, international trade, and economic growth.

In summary, microeconomics and macroeconomics are both important branches of economics that study different aspects of the economy. Microeconomics focuses on individual behavior and decision-making, while macroeconomics examines the economy as a whole.The economy functions and for making informed decisions about economic policy.

Learn more about economics

brainly.com/question/14787713

#SPJ11

a mutual fund manager has a $40.00 million portfolio with a beta of 1.00. the risk-free rate is 4.25%, and the market risk premium is 6.00%. the manager expects to receive an additional $10.00 million which she plans to invest in additional stocks. after investing the additional funds, she wants the fund's required and expected return to be 13.00%. what must the average beta of the new stocks be to achieve the target required rate of return? do not round your intermediate calculations. group of answer choices 4.11 2.80 3.29 2.63 2.47

Answers

The average beta of the new stocks must be 2.63 to achieve the target required rate of return of 13.00%. Option D is correct.

To calculate this, first, we need to determine the required return on the portfolio after investing the additional $10.00 million, which is given by:

Required return = Risk-free rate + Beta x Market risk premium13.00% = 4.25% + Beta x 6.00%

Solving for Beta, we get:

Beta = (13.00% - 4.25%) / 6.00% = 1.4583

Next, we need to find the weighted average beta of the existing portfolio and the new stocks to achieve the target beta of 1.4583. We know that the existing portfolio has a beta of 1.00, and we want to add $10.00 million to the portfolio.

So, we need to find the beta of the new stocks that we will purchase with this $10.00 million to achieve a weighted average beta of 1.4583.

Using the formula for the weighted average beta, we get:

1.4583 = (40.00 / 50.00) x 1.00 + (10.00 / 50.00) x New stocks' betaNew stocks' beta = (1.4583 - 0.80) / 0.20 = 3.29

Therefore, the average beta of the new stocks must be 3.29 to achieve the target required rate of return of 13.00%. Option D holds true.

Learn more about average beta: https://brainly.com/question/29910817

#SPJ11

QS 16-24 Recording costs of labor LO P2 Prepare Journal entries to record the following production activities for Hotwax. 1. Incurred $90,000 of direct labor in its Mixing department and $60,000 of direct labor In its Shaping department (credit Factory Wages Payable). 2. Incurred indirect labor of $13,500 (credit Factory Wages Payable). 3. Total factory payroll of $163,500 was paid in cash.

Answers

The journal entries to record the production activities for Hotwax:

1. Direct labor costs in Mixing and Shaping departments:
Debit: Work in Process - Mixing $90,000
Debit: Work in Process - Shaping $60,000
Credit: Factory Wages Payable $150,000

2. Indirect labor costs:
Debit: Manufacturing Overhead $13,500
Credit: Factory Wages Payable $13,500

3. Total factory payroll paid in cash:
Debit: Factory Wages Payable $163,500
Credit: Cash $163,500

These journal entries record the direct labor costs in the Mixing and Shaping departments, the indirect labor costs, and the payment of the total factory payroll.

1. To record the direct labor costs incurred in the Mixing and Shaping departments:

Debit: Work-in-Process Inventory - Mixing Department $90,000

Debit: Work-in-Process Inventory - Shaping Department $60,000

Credit: Factory Wages Payable $150,000

The direct labor costs are debited to the appropriate work-in-process inventory accounts and credited to the Factory Wages Payable account.

2. To record the indirect labor costs incurred:

Debit: Manufacturing Overhead $13,500

Credit: Factory Wages Payable $13,500

The indirect labor costs are debited to the Manufacturing Overhead account, which is a control account for all manufacturing costs that cannot be directly traced to a particular job or product. The credit is to the Factory Wages Payable account.

3. To record the payment of the factory payroll:

Debit: Factory Wages Payable $163,500

Credit: Cash $163,500

The Factory Wages Payable account is debited to reflect the payment of the factory payroll, and the Cash account is credited to show the actual cash outlay.

Learn more about indirect labor here:

https://brainly.com/question/30625568

#SPJ11

145. The lack of a good trainer may be the most serious flaw in training efforts. True False

Answers

True. The lack of a good trainer may be the most serious flaw in training efforts.

The effectiveness of any training effort depends largely on the quality of the trainer delivering the training. A good trainer should have the necessary knowledge and expertise in the subject matter, as well as strong communication and interpersonal skills to effectively convey information and engage learners.

If the trainer is not able to effectively communicate and engage learners, the training may be ineffective and may not achieve its intended goals. This can lead to a waste of resources and time, and may even have negative consequences for the organization or individuals being trained.

Therefore, it is essential to have a good trainer who is able to effectively deliver training content and engage learners to achieve the desired learning outcomes.

Learn more about trainer  here:

https://brainly.com/question/3683980

#SPJ11

under what circumstance(s) will the constant dividend growth model of stock valuation be workable? p0

Answers

The constant dividend growth model of stock valuation, also known as the Gordon Growth Model, is workable under the following circumstances:

1. Stable dividend growth rate: The company's dividends grow at a constant rate indefinitely.

2. Required rate of return: Investors have a specific required rate of return (r) that is greater than the dividend growth rate (g).

3. Mature company: The company has reached a stable growth phase and has a predictable dividend payment history.

Under these conditions, you can use the formula P0 = D1 / (r - g) to calculate the stock's intrinsic value, where P0 is the stock price, D1 is the expected dividend payment for the next period, r is the required rate of return, and g is the constant dividend growth rate.

To learn more about intrinsic, refer below:

https://brainly.com/question/15184439

#SPJ11

Cyclical unemployment is a short term problem due to a recession and can be solved by the following: increasing growth providing additional education/training minimizing recession all answers

Answers

Cyclical unemployment is a short term problem due to a recession and can be solved by the following of increasing growth, providing additional education/training, minimizing recession, therefore option D is correct

Cyclical unemployment is a brief-term problem that arises because of a downturn in the financial system, which include a recession.One way to address cyclical unemployment is to growth monetary boom. whilst the financial system grows, there is an increase in mixture demand, main to an growth in the demand for labor. this will assist to reduce unemployment and get human beings again to work.Providing additional education and training is any other way to address cyclical unemployment. this can assist employees acquire new abilties and understanding that are in demand in the hard work marketplace, making them extra employable and growing their probabilities of locating new jobs.Minimizing recessions through sound financial rules can also assist to cope with cyclical unemployment. Governments can enforce rules which includes monetary and financial guidelines which can help to stabilize the economy and save you or mitigate the results of a recession.

Overall, to cope with cyclical unemployment, a aggregate of these measures may be essential, depending on the particular instances.

Learn more about Cyclical unemployment:-

https://brainly.com/question/26525091

#SPJ4

Complete Question:-

Cyclical unemployment is a short term problem due to a recession and can be solved by the following:

A)increasing growth

B) providing additional education/training

C)minimizing recession

D) all answers

_____ relates to the learner's decision regarding what information to attend to, how to remember, and how to solve problems.

Answers

Cognition relates to the learner's decision regarding what information to attend to, how to remember, and how to solve problems.

Cognition refers to the mental processes and abilities involved in acquiring, processing, storing, and using information. It involves attention, perception, memory, problem-solving, and decision-making. Cognition is important for learning and development, as it allows individuals to understand, process, and apply new information and skills.Cognitive processes can be influenced by various factors, including motivation, interest, prior knowledge, learning style, and environmental factors. Effective instructional design and teaching strategies take into account the cognitive processes involved in learning and aim to support learners in acquiring and using new knowledge and skills.

Learn more about mental here:https://brainly.com/question/26522940

#SPJ11

For streaming video companies, operating the web portal is an example of __________________ while royalties for each view is an example of ___________________.
A. a variable cost; a base cost
B. variable cost; a fixed cost
*C. a fixed cost; a variable cost
D. a price ceiling; a price floor
E. inelasticity; elasticity

Answers

For streaming video companies, operating the web portal is an example of a fixed cost while royalties for each view is an example of a variable cost. So, the correct answer is C. a fixed cost; a variable cost.

Streaming video is a process of delivering video content over the internet in real-time, allowing users to watch videos without having to download them first. The video data is broken into small packets and transmitted over the network, and the user's device reassembles the packets to display the video.

Streaming video can be delivered through various platforms, such as websites, social media, and video-on-demand services, and it has become a popular way to consume video content in today's digital age.

To know more about streaming video refer here:

https://brainly.com/question/2806764#

#SPJ11

Other Questions
please help!What is the pH solution with [OH-] = 5.3 x 10^-8M?Is the solution acidic or basic?SHOW ALL WORK what form of denial is the following:Making excuses or giving reasons to justify addictive behavior; giving an inaccurate explanation of the cause of behavior Drag the tiles to the correct boxes to complete the pairs.Match each system of linear equations with the correct number of solutions.One solution623x - y-y =Infinitely many solutions-= 42y = 8-4x - 5-4x + 1-3x + y2xee4y= 7=-8ResetNextNo solution. Ensuring employees take breaks and eat food during an emergency is part of what pharmacy plan?Select one:EvacuationPharmacist'sStaffingEmployee safety What could be considered the outcome of the efforts of Abigail Adams and others in advancing female equality in the Revolutionary era? Cmo se reflejan el punto de vista de Panchito y su experiencia cultural en el relato de Cajas de cartn? Si un rectngulo tiene 23 millas de largo y 14 millas de ancho cul es el area en millas cuadradas? three of the items that you had were aluminum. a) how did their densities compare to each other. b) for which one did you get a value closest to the actual. write brief answers in the space provided. |x| = 9 Solve the equation. Check your solutions. Graph the solution(s) on a piece of paper. With a current shunt, the current is obtained by measuring _____ across the current shunt and calculating using Ohm's LawA) currentB) ohmsC) pH scaleD) voltage b. Verify the identity: csc 0-sin = cot cos 0. [Hints: The Pythagorean identity 2 cos 0+ sin 0 = 1 can also be used in the form 1-sin 0 = cos and a fraction of the form a b can be rewritten as a a a a b 1 I need help understanding how to do this, please. (50 points)Using the determined equivalence point from question 2 and the balanced reaction of acetic acid and sodium hydroxide, calculate the molarity of the acetic acid in your hot sauce packet. =Equivalence point= (7.46, 7.0)=Mass of hot sauce (g)= 0.5 g =Concentration of NaOH solution used (M)= 1 M =Volume of NaOH solution used to neutralize the sauce (found by locating the equivalence point on the titration graph) (mL)= 7 mL=pH of NaOH= 10.66 Find the 15th term of the geometric sequence 9, 18, 36, ... what is thermoregulation? if there are 18 triangles in a polygon how many sides has the polygon PART OF WRITTEN EXAMINATION:Breaks in the coating of the pipe are calledA) vacationsB) holidays C) napsD) tours when a prospective borrower calls an mlo with an inquiry about mortgage loan products and terms, what is the name of the process that a lender can complete that promises that the prospective borrower's situation has been investigated and, provided all circumstances stay the same, the lender is willing to loan a certain amount of money to finance a home purchase? Let X and Y be independent random variables, uniformly distributed in the interval [0, 1]. Find the CDF and the PDF of IX - YI.The following is the answer to the questions above I want to know how they got the CDF FZ(z).Solution to Problem 4.5. Let Z = X-y. We have (To see this, draw the event of interest as a subset of the unit square and calculate its area.) Taking derivatives, the desired PDF is fz(z)= {2(1-:), otherwise. ________ is the additional set of cultural characteristics which often overlaps with race.A) EthnicityB) CivilizationC) DiversityD) AnthropologyE) Acculturation Use cylindrical or spherical coordinates, whichever seems more appropriate. Find the volume enclosed by the torus rho=4sin()