bob’s assets add up to be $85,900. Bob’s liabilities added up to be $130,600. Calculate Bob’s net worth 
a. $44,700
b. -$44,700
c. $85,900
d. $130,600
Answers
The Bob's net worth is, -$44,700, if assets add up to $85,900 and liabilities added up to be $130,600. Option b is correct.
Net worth is the difference between an individual's total assets and total liabilities. In this case, Bob's assets are worth $85,900, which include things such as cash, investments, real estate, and personal property. On the other hand, his liabilities, which are his outstanding debts and financial obligations, add up to $130,600, which include things such as loans, mortgages, credit card balances, and other debts.
Bob's net worth can be calculated by subtracting his liabilities from his assets:
Net worth = Assets - Liabilities
Net worth = $85,900 - $130,600
Net worth = -$44,700
Therefore, the answer is (b) -$44,700, which means that Bob's liabilities exceed his assets, resulting in a negative net worth.
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Related Questions
Hermione really struggled in her first semester of college, but she persevered and learned that she needed to be much more engaged in her classes than she was in high school. Now she is well on her way to becoming an active learner, which means that she will
a. resist collaborating with other students.
b. work to improve her writing and speaking skills.
c. treat other students as if they all share the same culture.
d. wait for her instructors to point her in the right direction.
Answers
Now she is well on her way to becoming an active learner, which means that she will work to improve her writing and speaking skills.
What is active learning?The phrase "active learning" has a wide range of synonyms, including "play-based learning," "activity-based learning," "technology-based learning," "group work," and "project approach." These share certain important traits and features of active learning as common denominators. Passive learning is the reverse of active learning; it is learner-centered, not teacher-centered, and calls for more than just listening; active learning necessitates the active engagement of each and every student. In order to develop their higher order thinking skills, students must be actively engaged in work while also considering its purpose and the task itself.
Among the active learning guidelines offered by Barnes (1989) are:
Purposive: Relevance of the job to the students' worries.Reflective: the analysis of what is learned by the students.Negotiated: between students and teachers, discussion of learning objectives and strategies.Critical: It is crucial that students recognize the value of various instructional strategies.Complex: Students relate their learning assignments to the complexity of real-world situations while doing reflective analysis.Situation-driven: When establishing learning tasks, the situation's requirements are taken into account.Engaged: Learning activities that are undertaken reflect real-world tasks.To learn more about active learning visit:
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A company wants to determine what price consumers will pay for a new sandwich. At one store, the company charges $3. 59. At another comparable store, the company charges $4. 59. Sales are tracked at both locations for a one-month period. The data collected in this example is __________ data
Answers
Sales are tracked in both locations over a period of one month. The data collected in this example is quantitative data.
What is quantitative data?It corresponds to information that can be measured numerically, that is, it is numerical and statistical data, generating non-subjective and reliable conclusions.
Therefore, quantitative data provide a structured and reliable basis for a research project, through information measured by graphs, indexes and calculations.
In this case, since the company wants to determine what price consumers will pay for a new sandwich. and compares the prices at the locations, the data collected in this example is qualitative data.
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It takes six weeks for a tire order to be delivered to the Auto & Tire Center in the Walmart Supercenter in Wisconsin. Tires are ordered every five weeks. Currently, there are 90 tires on hand and another 340 on order. Sales are expected to use 120 tires per week and the department maintains a reserve of 40 tires. It's time to reorder tires.
How many tires is the department open to receive?
If the tires that are ordered cost the company $43 per tire, and the retail price of the tires is determined by marking up the cost by 57%, what is the total retail value of the tires being ordered?
Answers
The department should be open to receive 760 tires with a total retail value of $51,307.60.
Data and Calculations:
Beginning inventory = 90
New order of tires = 340
Total units available = 430 (90 + 340)
Sales of tires per week = 120
Expected ending inventory = 40
Therefore, the number of tires the department should be open to receive is 760 (40 + (120 x 6).
Cost per tire = $43
Markup = 57%
Retail price per tire = $67.51 ($43 x 1.57)
Thus, the total retail value of the 760 tires being ordered is $51,307.60.
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Place the following steps for calculating net worth in the correct order. Step #1: Step #2: Step #3: Step #4: Step #5:
Answers
The steps are (1) List your assets; (2) Total your assets; (3) List your liabilities; (4) Total your liabilities; (5) Subtract you liabilities from your assets.
The net worth is a measure of the wealth of a person or organization. To calculate the net worth you have to determine the value of your assets like your house and your car and subtract the value of your liabilities like your mortgage and student loan.
Net worth is a measure of wealth calculated by subtracting any liabilities or debt from all assets. Assets are things of value owned by a person or organization, such as a house, a car or a shop. Liabilities are debts or obligations that need to be settled, such as Such as a mortgage, student loan, or credit card debt. Net worth is calculated by subtracting liabilities from assets.
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Race, sex, and religious beliefs are traits that cannot be used as
a basis for workplace treatment because they are
1. Private choices
2. Protected characteristics
3. Positive characteristics
4. Protected choices
Answers
How many major OEMs manufacture Class 8 trucks
for the North American market?
Answers
Answer:
There are four major OMEs manufacturer trucks for the North American market
Tony is facing a financial crisis in his business. Instead of applying for a loan from a commercial bank, he takes a loan from the cooperative that he partly owns with some of his friends. This cooperative acts as a depository institution where all the members deposit their savings on a higher interest rate than that offered by commercial banks. Being a member of this cooperative, he gets the advantage of being charged lower interest rate on his loan. Based on the information given in the scenario, the cooperative owned by Tony and his friends exemplifies a(n) _____.
Answers
Answer:
credit union
Explanation:
A credit union can be regarded as
not-for-profit financial institution which is under control of the members who has money deposited in it. It doesn't maximize profit but rather give back favorable interest rates to it's members as profit.
Which step of the legislative process is missing?
with answers in screenshot
Answers
When you get in a business, make a lot of money, and then get out, it’s referred to as a(n)
A) easy-money business.
B) hit-and-run business.
C) failure.
D) missing opportunity.
Answers
Answer:
The answer is B. Hit-and-run business.
Explanation:
how can a business meet customer needs
Answers
what is the following product? assume d greater-than-or-equal-to 0.rootindex 3 startroot d endroot times rootindex 3 startroot d endroot times rootindex 3 startroot d endrootdd 33 (rootindex 3 startroot d endroot)startroot 3 d endroot
Answers
Based on the information given, using root/exponent properties the result of the product will be d.
How to calculate the product?It should be noted that a radical integer can be written as an exponential. This is important in order to solve the question asked.
It should be noted that the relation will be:
= b√a^c = a^c/b.
Therefore, based on the question, 3✓d = d1/3
Then, after this, we will then apply the multiplication as well as the power property.
Therefore, (d1/3)³ = d1/3 × 3 = d
Therefore, based on the information given, the result of the product will be d.
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4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answers
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
Answers
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
Error in amortization schedule 乌ி LO14-3 Nakano Food Products, Inc., acquired a packaging machine from Lawrence Specialists Corporation. - Lawrence completed construction of the machine on January 1, 2022. - In payment for the machine Nakano issued a threeyear installment note to be paid in three equal payments at the end of each year. - The payments include interest at the rate of 10%. - Lawrence made a conceptual error in preparing the amortization schedule, which Nakano failed to discover until 2024. - The error had caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. Required: I. Determine which accounts are incorrect as a result of these errors at January 1. 2024, before any adjustments. Explain your answer. (Ignore income taxes.) 2. Prepare a journal entry to correct the error. 3. What other step(s) would be taken in connection with the error?
Answers
1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.
1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.
2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.
3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.
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There are three different types of slings. What determines which type you use? Select all that apply.
Select the 2 answer options that apply.
What’s available at your worksite
The type of load
Environmental factors
The type of crane
Answers
Answer:the type of load
environmental factors
Explanation:
Answer:
The type of load
Environmental factors
Explanation: Took the test and got it right.
___ representis) a substantal portion of the population, and few new products and services can be profltable until this large group buys them. Muliple Cholce Laggards
Innovators
Early acsoters The late mbjarity The early majority
Answers
The early majority which represents a substantial portion of the population, and few new products and services can be profitable until this large group buys them. Option 5.
The early majority is the most significant group in the adoption curve. It is important for businesses to gain acceptance from this group as they tend to represent a significant portion of the population.
Moreover, when this group is interested in a new product or service, there is a high chance that it will be successful and be able to sustain itself in the market for a more extended period.
However, many businesses that have started with a new product or service would struggle if the early majority does not embrace them.
Therefore, businesses invest significant amounts of money to make sure that they appeal to the early majority as they represent the most significant market segment.
Hence, the right answer is option 5. The early majority.
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why is the vegetables market necessary . give reason
Answers
Answer:
Abstract: Vegetables are vital to the general good health of human beings, providing essential vitamins and minerals, dietary fiber, and phytochemicals, and reducing risk from dangerous diseases and other medical conditions. ... Most of the vegetables are marketed fresh with only a small portion processed.
Explanation:
Vegetables are vital to the general good health of human beings, providing essential vitamins and minerals, dietary fiber, and phytochemicals, and reducing risk from dangerous diseases and other medical conditions. ... Most of the vegetables are marketed fresh with only a small portion processed.
Q1) List one example of conflict of interest in investment banking. What type of
investment bank is least likely to be suffering from this problem?
Q2) What are the differences between commercial and investment banking?
Q3) How can the combination of investment banking and commercial banking
affect banking industry?
Answers
Q1) A common example of conflict of interest in investment banking is when the bank's analysts issue favorable reports on a company's stock while the bank's investment bankers are working on a deal involving that company.
This creates a potential conflict where the bank's analysts may feel pressured to issue positive reports to help their colleagues in the investment banking department. Boutique investment banks that specialize in a specific industry or type of deal are less likely to suffer from this problem as they typically have fewer clients and can maintain a clearer separation between their research and investment banking departments.
Q2) The primary difference between commercial and investment banking is their focus. Commercial banks focus on providing traditional banking services such as accepting deposits, making loans, and managing accounts for individuals and businesses. Investment banks, on the other hand, focus on providing capital markets and advisory services to corporate clients, including underwriting stocks and bonds, M&A advisory, and securities trading.
Q3) The combination of investment banking and commercial banking can have both positive and negative effects on the banking industry. On the one hand, combining these two functions can provide economies of scale and enable banks to offer a wider range of services to their clients. However, it can also lead to conflicts of interest and increase systemic risk if investment banking activities lead to losses that affect the bank's commercial operations. The 2008 financial crisis highlighted the dangers of these conflicts, leading to increased regulation and separation of these two functions.
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The activities of the federal reserve board have the most direct influence on.
Answers
Answer:
The activities of the Federal Reserve Board have the most direct influence on: bank interest rates, monetary policy (interest rates, credit, etc.)
What incentives do private prisons have to keep people incarcerated/locked up?
Answers
which of these are requirements faced by governments receiving structural adjustment loans under neoliberal economic policies?
Answers
These are requirements faced by governments receiving structural adjustment loans under neoliberal economic policies privatize state-owned enterprises.
Governments privatize state-owned companies for what reasons?Cost savings, risk transfer, a source of income, a desire for a higher standard of service, a requirement for greater knowledge, and flexibility are some justifications for privatization. The internal rate of return, multiples, and net present value are often used techniques for valuing public assets.
What advantages do state-owned firms have after being privatized?Deregulation, or measures that let more companies into an industry and boost competition, frequently coexists with the privatization of state-owned monopolies. This heightened rivalry has the potential to be the biggest catalyst for efficiency gains.
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Investing in a fund is more [Select]
the purpose of a fund is to [Select]
your
money across different investments, where with a single
stock or bond your [Select]
is entirely based
on the performance of that one
[Select]
V
Answers
Investing in a fund is more diversified, the purpose of a fund is to diversify your money across different investments, where with a single stock or bond your risk is entirely based on the performance of that one investment.
What is an investment?An asset or thing is considered an investment if it is bought with the hope that it will bring in money or increase in value over time. Increased wealth or a return on investment, whether in the form of income, capital gains, or both, is the ultimate goal of every investment. Stocks, bonds, mutual funds, real estate, and commodities are some common investment types.
An individual's financial objectives, risk tolerance, and available resources are often taken into account when deciding whether to invest.
A fund's goal is to spread your money over a variety of investments, whereas with a single stock or bond, your risk is totally dependent on the success of that one investment. This makes investing in a fund more diversified.
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Which is not a responsibility of a human resources manager? Choose the answer.
Question 3 options:
revising personnel policies and procedures
revising job descriptions
maintaining company employee contact information
developing the company's strategic plan
Answers
Answer:
maintaining company employee contact information
Selected transactions for Sophie’s Dog Care are as follows during the month of March. March 1 Paid monthly rent of $1,460. 3 Performed services for $170 on account. 5 Performed services for cash of $90. 8 Purchased equipment for $730. The company paid cash of $100 and the balance was on account. 12 Received cash from customers billed on March 3. 14 Paid wages to employees of $640. 22 Paid utilities of $88. 24 Borrowed $1,830 from Grafton State Bank by signing a note. 27 Paid $270 to repair service for plumbing repairs. 28 Paid balance amount owed from equipment purchase on March 8. 30 Paid $2,200 for six months of insurance. Journalize the transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
Answers
Answer:
March 1
Dr Rent expense $1460
Cr Cash $1460
March 3
Dr Accounts receivable $170
Cr Service revenue $170
March 5
Dr Cash $90
Cr Service revenue $90
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
March 12
Dr Cash $170
Accounts receivable $170
March 14
Dr Salaries and wages expense $640
Cr Cash $640
March 22
Dr Utilities expense $88
Cr Cash $88
March 24
Dr Cash $1830
Cr Notes payable $1830
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
March 28 Accounts payable $630
Cash $630
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
Explanation:
Preparation of Journal entries
March 1
Dr Rent expense $1460
Cr Cash $1460
(To record rent expense paid)
March 3
Dr Accounts receivable $170
Cr Service revenue $170
(To record services performed on account)
March 5
Dr Cash $90
Cr Service revenue $90
(To record services performed for cash)
March 8
Dr Equipment $730
Dr Cash $100
Cr Accounts payable (730-100) $630
(To record equipment purchased)
March 12
Dr Cash $170
Accounts receivable $170
(To record cash received from customers)
March 14
Dr Salaries and wages expense $640
Cr Cash $640
(To record wages paid to employees)
March 22
Dr Utilities expense $88
Cr Cash $88
(To record utilities expense paid)
March 24
Dr Cash $1830
Cr Notes payable $1830
(To record cash borrowed by signing a note)
March 27
Dr Maintenance and repairs expense $270
Cr Cash $270
(To record cash paid for repairs)
March 28 Accounts payable $630
Cash $630
(730-100)
(To record cash paid to accounts payable)
March 30
Dr Prepaid insurance $2200
Cr Cash $2200
(To record prepaid insurance paid)
Ceos & financial markets usually use the past year's return on equity as the main way to judge strategic performance. why can this be a problem?
Answers
The financial markets usually use the past year's return on equity as the main way to judge strategic performance because option b. ROE is really constrained by the long term asset and equity positions of a company, and therefore won't vary that much from period to period.
What is Return on Equity (ROE)?Return on Equity (ROE) is known to be that which is often used to measures the net profits gotten by a firm based on each dollar of equity investment that is also been contributed by shareholders.
Note that this is one that tends to be expressed in percentage form and thus, The financial markets usually use the past year's return on equity as the main way to judge strategic performance because option b. ROE is really constrained by the long term asset and equity positions of a company, and therefore won't vary that much from period to period.
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See options below
a. CEO decisions can dramatically improve ROE in the short run.
b. ROE is really constrained by the long term asset and equity positions of a company, and therefore won't vary that much from period to period
c. ROE is only relevant to shareholders, and is not meaningful to those who own a company's bonds
According to the video, which qualities do Police Patrol Officers need? Select all that apply.
creativity
physical fitness
independence
patience
a loud voice
a gun license
Answers
Answer:
Please can you post the video
Answer:
b-physical fitness d-patience f-a gun license
Explanation:
hope this helps
a risk that a lender faces in agreeing to change the schedule of payments for a defaulting borrower is that courts may view the change as a new, replacement mortgage, with priority below any other existing lien. this risk is known as
Answers
The risk that sees a lender agreeing to change the schedule of payments which leads to courts seeing this change as a new mortgage is known as a recasting risk.
What is the recasting risk?The recasting risk on mortgages is the risk that a court would see the changing of a schedule of payments as a new, replacement mortgage. This then means that this mortgage has a lower priority than other existing liens and debt.
This is not ideal for the lender in the event that the borrower declares bankruptcy as it means that the lender would stand less chances of getting back their debt.
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Bank Teller:
You have worked as a bank teller for several months when one of the other tellers
who has become a good friend tells you that her daughter is extremely ill and that
se must have an operation to survive. She also tells you that she has no insurance
and the operation will cost $10,000. Sometime later you ask her about her
daughter and she tells you she is just fine now. She then confides in you that she
took $10,000.00 from a dormant account at the bank to pay for the operation
She assures you that she has already started paying it back and will continue to do
so until it is all returned.
What do you do?
1. Clearly state the problem/dilemma in this case
2. Identify the stakeholders in this case
3. Develop 3 different alternatives, and evaluate each with pros and cons
4. Recommend which alternative you would choose and why.
Answers
Rather than taking $10,000.00 from a dormant account to carry out the operation, she could have solicited funds elsewhere.
1. This is an ethical problem. In this case, the bank teller is wrong for taking $10,000.00 from the dormant account to carry out the operation. This is wrong and she could be sent to jail because this is fraudulent.
2. The stakeholders, in this case, are the bank, and the owner of the account.
3. The alternatives that the bank teller could have done include:
Borrowing from friendsTaking a loan.Soliciting for help online or from non-profit organizations.4. I'll choose "Soliciting for help online or from non-profit organizations" since it'll be free and I won't have to pay the loan back.
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if a tenant pays rent as well as some of the operating expenses attributable to the rented space, what kind of lease does this tenant have?
Answers
If a tenant pays rent as well as some of the operating expenses attributable to the rented space, the tenant has what is called a "net lease."
A net lease is a type of lease where the tenant is responsible for paying a portion of the property's operating expenses, in addition to rent. These operating expenses may include property taxes, insurance, maintenance, utilities, and other costs. There are different types of net leases, including single net, double net, and triple net leases. In a single net lease, the tenant pays rent and a portion of the property's property taxes. In a double net lease, the tenant pays rent, property taxes, and insurance.
In a triple net lease, the tenant pays rent, property taxes, insurance, maintenance, and utilities. Net leases are common in commercial real estate, particularly in properties such as office buildings, retail spaces, and industrial warehouses. They are beneficial for landlords as they can help to reduce their operating expenses, while tenants benefit from having a predictable cost structure and a lower overall rent.
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