All categories

2 years ago

How is a calculation of net worth different from a day-to-day or month-to-month tallying of expenses?

2 answers:

5 0

When net worth is calculated on daily basis, we add total expenditure of a day on a work sheet or on a sheet of paper or using excel , then we add the total expense of each day using excel or by calculator or by Using mental Math.

Now, coming to monthly expenses, we add total expenditure of 12 month using excel or on a rough sheet of paper or by using calculator .

For, example, A shopkeeper sells 50 ice cream in a day , making a total expense of $ 240 in a day to earn a profit of $ 250.So we can calculate his day to day expense as well as earning on a excel sheet. Similarly we can find his yearly expense or income by adding his monthly income.

muminat2 years ago

4 0

Net worth includes everything of value you own or could get money for. While month to month expenses is just wages or available spending money

You might be interested in

A railway system on a hillside moves passengers at a constant rate to an elevation of 50 m. The elevations of a train are given

Brut [27]

8-4x(3x^2+5)-2(x+7) is equivalent

4 0

2 years ago

Read 2 more answers

On January 1, year 1, Klondike issued 10-year bonds with a stated rate of 10% and a face amount of $100,000. The bonds pay inter

Nataliya [291]

Answer:

91,000

Step-by-step explanation:

4 0

2 years ago

Read 2 more answers

Christopher is analyzing a circle, y2 + x2 = 121, and a linear function g(x). Will they intersect?

serg [7]

The complete question and the picture in the attached figure

we have that
y^2 + x^2 = 121
is a circle with center at (0,0) and radius r=11 units
and
g(x)
points (-1,14) (0,12) (1,10)

using a graph tool
see the attached figure

the answer is
A. Yes, at the positive x coordinates.

7 0

2 years ago

Mia has a conical container filled with chocolates. She knows that the volume of the container is equal to one-third of the prod

34kurt

For this case what you should do is create the equation based on:
"She knows that the volume of the container is equal to one-third of the product, the square of the radius of the base of the container, and the height of the container"
We have then that the Volume is given by:
V = (1/3) * (r ^ 2) * (h)
where,
r: radius of the base.
h: height of the container.
answer
The volume of the container is calculated with the following equation:
V = (1/3) * (r ^ 2) * (h)

7 0

2 years ago

Read 2 more answers

On average, the number of customers who had items to return for refunds or exchanges at a certain retail store's service desk is

spayn [35]

Answer:

The probability that the service desk will have at least 100 customers with returns or exchanges on a randomly selected day is P=0.78.

Step-by-step explanation:

With the weekly average we can estimate the daily average for customers, assuming 7 days a week:

$M=756/7=108$

We can model this situation with a Poisson distribution, with parameter λ=108. But because the number of events is large, we use the normal aproximation:

$P(\lambda)\approx N(\lambda,\lambda)$

Then we can calculate the z value for x=100:

$z=\frac{x-\mu}{\sigma}=\frac{100-108}{\sqrt{108}}=\frac{-8}{10.4} =-0.77$

Now we calculate the probability of x>100 as:

$P(x>100)=P(z>-0.77)=0.78$

The probability that the service desk will have at least 100 customers with returns or exchanges on a randomly selected day is P=0.78.

5 0

2 years ago