answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
rewona [7]
1 year ago
5

Your restaurant has assets of $64,342 and liabilities of $47,266. What is the equity of your business?

Business
1 answer:
Alborosie1 year ago
4 0

Answer:

Equity of the business= $17,076.

Explanation:

Equity as used in business is used to refer to the difference between the worth of a business (its assets) and what the business owes (debts and liabilities).

In other words, total equity refers to the value which is left in the company after the total liabilities must have been subtracted from the total assets.

The formula to calculate total equity is given below:

Equity = Assets - Liabilities

Therefore to calculate the equity above, we have:

Equity = $64,342 - $47,266

Equity = $17,076.

You might be interested in
Wilson is offered a job in Kansas City that pays $50,000 and a job in Dallas that pays $60,000. Which pair of CPIs would ensure
Svetradugi [14.3K]

Answer:

option C is correct CPI in Kansas City is 125 and in Dallas is 150.

Explanation:

given data

Kansas City pays = $50,000

Dallas that pays = $60,000

solution

we know that CPI base year is always  = 100

first we get here real salary value in Kansas City that is express as

Real Value = Salary in Kansas City × (CPI base year ÷ CPI current year) ..........1

put her value we get

Real Value = $50,000 × \frac{100}{125}

Real Value =  $40000

and now we get here real salary value in Dallas that is express as

Real Value = Salary in Dallas City × (CPI base year ÷ CPI current year) ..........2

put her value we get

Real Value = $60,000 × \frac{100}{150}

Real Value =  $40000

so now we can see that both value is same in both city with CPI Kansas City = 125 and CPI Dallas = 150

so here correct option is c. 125 in Kansas City and 150 in Dallas  

4 0
2 years ago
You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is 11.2
postnew [5]

Answer:

a. project A; because its NPV is about $335 more than the NPV of project B.

Explanation:

As in the question it is mentioned that the required rate of return for project A and project B is 11.25% and 10.75% respectively.

Here we have to determined the net present value for both projects having different required rate of return

So based on the net present value the first option is correct as the project A is more than the project B

Therefore the first option should be accepted

5 0
2 years ago
The chance of losing time, money, reputation, etc. is known as __________.
elena55 [62]
The answer to this question is: Risk
In most cases, something that give the potential reward of time, money, and reputation will also possess the risk of losing that same thing at the same degree. This principle will often used by investors to choose which portofolio that they want to pursue with their capital.

7 0
1 year ago
Which of the following economic consequences to a provisioning ecosystem service will most likely result from increased global w
Sveta_85 [38]

Answer:

A.

Explanation:

Based on the information provided within the question it can be said that the most likely result would be the collapse of local fisheries, because of the damage to coral reefs from ocean acidification . This is mainly because the coral reefs provide habitat for a vast majority of the fish, and the same carbon dioxide that is causing global warming is also causing ocean acidification. Which in term is destroying the coral reefs, and therefore the habitats of all these fishes who will die without them.

6 0
1 year ago
You saved $500 in currency in your piggy bank to purchase a new laptop. The $500 you kept in your piggy bank illustrates money’s
otez555 [7]

Answer:

The answer to the three fill in the banks as per order given in question are- store of value , unit of account , medium of exchange.

Explanation:

When $500 are kept in piggy bank to buy laptop, it illustrates the store of value function of money. This is a function where money is kept or stored to purchase some item in the future, given money doesn't lose its purchasing power .

The $500 price of laptop shows the unit of account function of money , where money is the standard numerical of measurement for the goods and services or any other transaction in the market.

The $500 which was used to buy the laptop shows the medium of exchange function of money , where money is used as intermediary for exchange of goods and services.

7 0
1 year ago
Other questions:
  • The ________ database would most likely be found in the science and telecommunication industries.
    6·1 answer
  • Casey is considering taking out a 30-year loan with monthly payments of $205 at an APR of 1.9%, compounded monthly, and this equ
    8·2 answers
  • Agnes plans to file for bankruptcy under Chapter 7. One month prior to filing, Agnes gives Joe's Filling Station $700 to apply t
    10·2 answers
  • Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr
    8·2 answers
  • A group of firms manufactures writing implements such as pens, pencils, and markers. This group should be referred to as a(n): a
    13·1 answer
  • Consider the following cash flow of company profits. A company earns $3600 in years 1, 2, & 3, from years 4 through 7 the pr
    9·1 answer
  • Last year, you purchased 400 shares of Analog stock for $12.92 a share. You have received a total of $136 in dividends and $4,30
    9·1 answer
  • Emeril is the owner of a restaurant. He decides to raise the wages of his workers even though he faces an excess supply of labor
    6·1 answer
  • At the beginning of 2020, the balance sheet of a county general fund reports $500,000 in property taxes receivable from 2019, of
    5·1 answer
  • Kelsey Construction has purchased a crane that comes with a 5-year warranty. Repair costs are expected to average $5000 per year
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!