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Corey has a mountain bike worth $300, a credit card debt of $150, $200 in cash, a Sandy Koufax baseball card worth $400, $1,200 in a checking account, and an electric due for $250. Construct Corey’s balance sheet and calculate his net worth. For each remaining part, explain how the event affects Corey’s assets, liabilities and wealth
Would you expect the availability of IRAs to increase the amount that households save? Discuss in light of (1) the response of saving to changes in the real interest rate and (2) psychological theories of saving.
p corporation operates six automotive service franchises in a metropolitan area. the service franchises have been a
computation of value of mortgage.kim and dan bergholt are both government workers. they are considering purchasing a
The fixed cost per unit are $ 10 when a company makes10000units. What are per unit fixed costs when 12500 units are produced?
She had purchased the word processor three years ago for $950 and has taken $300 in depreciation. Explain how much and what type of gain or loss will Susan have on the sale?
the 2011 balance sheet of the captain jet inc. is attached. during 2012 the subsequent events occurred.1. on january 10
Determine the total bond interest expense to be recognized over the bonds' life. (Omit the "$" sign in your response.)
The S corporation has $400000 of investment income and $400000 of investment expense in 2011. The company makes cash distributions to enable its sole shareholder to pay her taxes. Illustrate what are tax aspects to consider?
by how many days would the cash conversion cycle be changed?cash conversion cyclecyree inc. has annual sales of
Now, in Scenario B, we are going to borrow $4,000 debt and reduce the Equity to $6,000. Assume a 9% interest rate. Could you try to figure out the ROE. What conclusion could you draw from here?
Jell and Dell were partners with capital balances of $600 and $800 and an income sharing ratio of 2:3. They admitted Zell to a 30% interest in the partnership, and the total amount of goodwill credited to the original partners was $700. Illustrate..
find you have check #1234 for $15.00, #1235 for $9.23, and #1236 for $22.50 and two deposits of $123.56 and $156.78 as outstanding. What balance should appear in your checkbook register?
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