The correlation of the rates of return between A and B is the closest to -0.545.
Given, covariance between the returns of stocks A and B is -0.112.
Standard deviation of the rates of return is 0.26 for stock A and 0.81 for stock B.
To find: The correlation of the rates of return between A and B.
Calculation of correlation coefficient using covariance formula.
Covariance formula:\($$\frac{\{Covariance}}{\text{Product of standard deviations}}\) = \(\frac{\sigma_{\mathrm{AB}}}{\sigma_\mathrm{A} \times \sigma_\mathrm{B}}$$\)where, Covariance = -0.112Standard deviation of stock A = 0.26
Standard deviation of stock B = 0.81
Let's substitute the values of the given terms in the above formula.$$
Correlation = \(\frac{-0.112}{0.26 \times 0.81}$$\)
Correlation = -0.545
Hence, the correlation of the rates of return between A and B is the closest to -0.545.
Learn more about correlation Here.
https://brainly.com/question/30116167
#SPJ11
where is holiday inn club vacations galveston seaside resort
A timeshare provider under the IHG Hotels & Resorts umbrella is Holiday Inn Club Vacations.
Is the Holiday Inn Club Timeshare a Timeshare?Holiday Inn Club Vacations is a part of the parent corporation Holiday Inn that deals with timeshares. Owners enjoy the flexibility and freedom that vacation ownership affords them, and they own more than 28 resorts in sought-after areas around the United States.A timeshare provider under the IHG Hotels & Resorts umbrella is Holiday Inn Club Vacations. The similarly called Holiday Inn Hotels & Resorts or Holiday Inn Express do not own or run it, hence it stands alone as a distinct brand.Holiday Inn Club Vacations offers you roomy lodging and a fun-filled resort experience in interesting locations, from coastal getaways and mountain retreats to the world's theme park and entertainment epicenters, Everybody is welcomed at Holiday Inn.To learn more about timeshare refer to:
https://brainly.com/question/28015105
#SPJ4
Where in a business plan should the executive summary go?
Answer:
The executive summary goes near the beginning of the plan but is written last
!!!!MAJOR GRADE PLEASE HELP DUE TODAY!!!!!
Which of the following is a line of credit issued to customers to cover checks or debits exceeding the amount in their account?
Debt restructuring
O Cash flow budgeting
Automated teller machine
O Overdraft protection
If you have 900 dollars and you save it for ten years woth eight percent interest, what will be it’s future value?
According to a summary of the payroll of Guthrie Co., $560,000 was subject to the 6.0% social security tax and the 1.5% Medicare tax. Also, $60,000 was subject to state and federal unemployment taxes. Required A. Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%,
The employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%,the total employer's payroll taxes are $45,600.
The employer's payroll taxes include various taxes that the employer is required to pay based on the wages and salaries paid to its employees. The social security tax and Medicare tax are payroll taxes that are deducted from employees' wages and paid by the employer. The social security tax rate is 6.0%, and the Medicare tax rate is 1.5%.
To calculate the social security tax and Medicare tax, we multiply the taxable wages subject to these taxes by their respective rates. In this case, the taxable wages subject to these taxes are $560,000, and the calculated social security tax and Medicare tax are $33,600 and $8,400, respectively. The state and federal unemployment taxes are employer-only payroll taxes that are based on the amount of taxable wages paid to employees. The state unemployment tax rate is 5.4%, and the federal unemployment tax rate is 0.6%.
To calculate the state and federal unemployment taxes, we multiply the taxable wages subject to these taxes by their respective rates. In this case, the taxable wages subject to these taxes are $60,000, and the calculated state and federal unemployment taxes are $3,240 and $360, respectively. Therefore, the total employer's payroll taxes are $45,600 ($33,600 + $8,400 + $3,240 + $360).
Learn more about payroll taxes here:
https://brainly.com/question/28040849
#SPJ11
political conflict is an example of the people dimension of business problems. T/F
The people dimension of business problems includes conflicts between employees, managers, and other stakeholders. Political conflicts can arise within a company when there are differing opinions on how to approach a particular issue or when there are power struggles between individuals or groups.
The correct answer is true .
These conflicts can have a negative impact on productivity, morale, and the overall success of the business. Therefore, it is important for companies to address political conflicts in a timely and effective manner to minimize their impact on the organization. True, political conflict is an example of the people dimension of business problems. Political conflict is indeed an example of the people dimension of business problems, as it typically involves disputes and disagreements among individuals or groups within a society or organization. These conflicts can have a significant impact on business operations, decision-making, and overall stability.
The people dimension of business problems refers to the various issues and challenges that arise from human behavior and interaction within a business context. Political conflict is a prime example of this, as it involves differing opinions, interests, and power struggles among individuals or groups. Such conflicts can create obstacles to effective communication, cooperation, and decision-making, all of which are crucial for the smooth functioning of any business.
To know more about business visit :
https://brainly.com/question/15826604
#SPJ11
Write the definition in your own words
Profit:
_________________________________________________________________________________________________________
Revenue:
_________________________________________________________________________________________________________
Expenses:
_________________________________________________________________________________________________________
Net Income:
_________________________________________________________________________________________________________
Net Loss:
In accounting, profit, revenue, expenses, and net income/loss are integral and they are defined as:
Profit - returns on revenue after expenses. Revenue - returns from selling goods or providing services. Expenses - costs incurred to run business. Net income = profit acquired after taxation. Net loss - losses when expenses are more than revenue. What comprises the Income Statement?The Income statement includes the revenue which is the amount of sales or services provided by the company in a period.
The costs of running the company (expenses) are deducted from the revenue to find the profit. This can also be called the net income.
A net loss comes about when the expenses are more than revenue and this is not an ideal situation for companies.
Find out more on the income statement at https://brainly.com/question/21851842.
#SPJ1
With the age of competition for jobs, what can we do to make our
CV more impressive, to create an impression when interviewing?
(Business Communication)
Creating an impressive CV and making a lasting impression during job interviews are essential in today's competitive job market. Here are some tips to enhance your CV and leave a positive impression during interviews:
1. Tailor your CV to the job: Customize your CV for each job application by highlighting relevant skills, experiences, and achievements that align with the specific job requirements. This shows that you have taken the time to understand the role and that you possess the qualifications needed.
2. Highlight key accomplishments: Instead of just listing job responsibilities, emphasize your achievements and quantify them whenever possible. Use numbers, percentages, or specific outcomes to demonstrate the impact you made in previous roles. This helps employers understand the value you can bring to their organization.
3. Showcase transferable skills: Highlight transferable skills that are relevant to the job you're applying for, even if they were acquired in a different industry or role. These skills, such as communication, leadership, problem-solving, and adaptability, can demonstrate your ability to excel in various work environments.
4. Use a professional and visually appealing format: Structure your CV in a clear and organized manner. Use bullet points, headings, and subheadings to make it easy for employers to skim through and find relevant information. Choose a professional font, maintain consistent formatting, and ensure proper grammar and spelling.
5. Include a concise and compelling summary statement: Start your CV with a brief summary highlighting your key qualifications, experiences, and career goals. This helps employers quickly understand your value proposition and generates interest in your profile.
6. Incorporate relevant keywords: Tailor your CV to include keywords and phrases from the job description. Many employers use applicant tracking systems (ATS) to scan CVs for specific keywords. Including relevant terms increases the chances of your CV being selected for further review.
7. Prepare for interviews: Research the company and the role extensively before the interview. Prepare thoughtful responses to common interview questions and practice them. Showcase your enthusiasm for the position and demonstrate how your skills and experiences align with the company's values and goals.
Learn more about enthusiasm here:
https://brainly.com/question/1406231
#SPJ11
Please tell me in 1 paragraph one way the world could change for the better? How could it be done? And why do you feel this way
Answer:
The world can change by decreasing the carbon footprint of humans , stop global warming and to protect the ozone layer in the atmosphere. This can be done by decreasing the amount of coal we use and looking for other alternatives for electricity, planting trees, stop polluting the air with toxic gases by imposing laws on punishment for those who burn their trash. People should use transport and bicycles more than vehicles I feel this way because global warming is impacting the environment exponentially , and causing floods and droughts and other disasters .
mask corporation generated a net operating loss of $24,000 in 2021 and taxable income of $10,000 in 2022. how much nol can mask use in 2022 to reduce taxable income (assume no carryback is possible)? a.$10,000 b.$24,000 c.$19,200 d.$8,000
Mask Corporation can use a net operating loss of $10,000 in 2022 to reduce taxable income (assuming no carryback is possible).
Explanation:Net operating loss of $24,000 in 2021 and taxable income of $10,000 in 2022 are given. Mask Corporation can carry forward its net operating loss to future years to reduce taxable income.
Net operating losses incurred in taxable years beginning after December 31, 2017, are allowed to be carried forward indefinitely, but no carryback is permitted.
Hence, assuming no carryback is possible, Mask Corporation can use its net operating loss of $24,000 in 2021 to reduce taxable income in 2022.
Therefore, the maximum net operating loss that can be used to reduce taxable income is $10,000.
Therefore, option a is correct.
To know more about operating loss refer here
brainly.com/question/31060041#
#SPJ11
Imagine that you have been hired to create an ad campaign for a product. The client wants you to create three different taglines to persuade people to buy the product: one that appeals to authority, one that is based on a fallacy of presumption, and one based on argumentum ad populum. Briefly describe your product and provide the three taglines. (THIS IS CRITICAL THINKING!!)
The product is a new type of water filtration system for home use.
Tagline appealing to authority: "Endorsed by top water experts, our filtration system is the choice of professionals."
Tagline based on fallacy of presumption: "Upgrade to our filtration system and never worry about the quality of your water again."
Tagline based on argumentum ad populum: "Join the millions of satisfied customers who trust our filtration system for their home's water needs."
It's important to note that using fallacies and manipulation tactics in advertising is not ethical and can be misleading to the consumer. It's better to use truthful, clear and honest information to promote a product and its features and benefits.
Question 32
What is the best divisional structure when a few major customers
are of paramount importance and many
different services are provided to these customers?
• By cost
O By customer
• By product
• By geographic area
• By process
By customer is the best choice when a company has a few major customers that are of paramount importance and provides a variety of services to these customers.
Option b is correct.
When a company has a few major customers that are of paramount importance and it provides a variety of services to these customers, the best divisional structure would be a divisional structure by customer. This is because this type of structure focuses on serving specific customer groups, which aligns well with the company's goal of providing excellent service to its major customers.
A divisional structure by customer involves dividing the company into different units or divisions that are responsible for serving specific customer groups. Each division operates as a separate entity within the company and has its own resources and personnel. This allows each division to focus on meeting the unique needs of its specific customer group, which can result in increased customer satisfaction and loyalty.
Overall, a divisional structure This type of structure allows the company to focus on meeting the unique needs of each customer group, which can result in increased customer satisfaction, loyalty, and ultimately, revenue.
To know more about company's goal visit:-
https://brainly.com/question/13933063
#SPJ11
on an income statement, the revenues are more than the expenses this result in cash flow from ------- activities a. investing b. financing c. operating d. marketing
On an income statement, if the revenues are greater than the expenses, it results in cash flow from operating activities. This is because revenues and expenses are part of operating activities, while investing activities deal with investments in long-term assets, and financing activities deal with changes in liabilities and equity.
However, it is worth noting that the income statement is just one part of the cash flow statement. While the income statement records a company's revenues and expenses over a period of time, the cash flow statement reports a company's cash inflows and outflows over the same period. The cash flow statement consists of three sections: operating activities, investing activities, and financing activities.
The cash flow from operating activities shows how much cash a company generates or uses from its core operations, while investing activities show how much cash is used or generated by buying or selling long-term assets. Financing activities show how much cash is used or generated from changes in liabilities and equity.
To know more about income statement refer to:
https://brainly.com/question/15169974
#SPJ11
which section of a proposal identifies the problem and discusses the goals of the project? background, problem, and purpose authorization request staffing
The section of a proposal that identifies the problem and discusses the goals of the project is the "Background, Problem, and Purpose" section. its significance, and the main objectives the project aims to achieve. The correct option is A)
In the background pfoblem, relevant contextual information is provided to help readers understand the situation or context in which the problem exists. This may include historical, social, or environmental factors that contribute to the issue.
The problem section clearly defines the specific problem the project seeks to address. It outlines the current challenges and gaps that exist and demonstrates the need for the proposed solution. Providing evidence, such as statistics or research, can help strengthen the case for the project's necessity.
Lastly, the purpose section outlines the main goals and objectives of the project. This part highlights what the project aims to achieve and how it will contribute to addressing the identified problem. It's essential to be clear and concise when describing the project's purpose to ensure readers understand its intended impact.
In summary, the "Background, Problem, and Purpose" section of a proposal is crucial in identifying the problem and discussing the project's goals. By providing relevant context, defining the problem, and outlining the project's objectives, this section helps readers comprehend the significance of the proposed solution and its potential impact. Therefore The correct option is A) background, problem, and purpose
To learn more about problem here:
https://brainly.com/question/28211335#
#SPJ11
complete question
which section of a proposal identifies the problem and discusses the goals of the project? A) background, problem, purpose B) problem authorization C) request staffing D) None of these
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is:_______
a. a downward-sloping curve that is bowed outward.
b. a downward-sloping curve that is bowed inward.
c. a downward-sloping straight line.
d. an upward-sloping straight line.
Answer:
c. a downward-sloping straight line.
Explanation:
In case when there is a three for one tradeoff lies between the X goods and Y goods so the curve of PPF should be fall sloping contains straight line. This slope should be downward as it generated more and more of one goods and it could be sacrificed for the other good and the reason of the straight line is that here the opportunity cost would remain the same or constant
Therefore in the given case, the correct option is C.
A straight line, downward - sloping demand curve often mean that, as price falls, there is an elasticity of demand. If there is always a three-for-one tradeoff between goods X and Y, then the PPF between X and Y is a Downward-sloping straight line.
Trade-off is simply known as a situational decision. It is simply the reduction of one quality, quantity, or property so as to get gains in other areas.It is simply known as where one thing increases, another have to decrease. it often arise from limitations of a lot of source.
It is often called a tactical or strategic choice made with full knowledge of the advantages and disadvantages of each decision.
learn more from
https://brainly.com/question/8475898
How can a business measure it’s success?
What is an example of a general safety hazard?
poorly maintained equipment
contaminated water
blizzard
employee retaliation
Answer:
poorly maintained equipment
Answer:
contaminated water
Explanation:
if the water doesnt get boiled it will make you sick, contaminated water can make you sick easily so its a safety hazard
Growth has which positive effect for businesses?
A. It widens the area inside the frontier on a production possibilities
curve.
B. It allows products to be sold in a wide variety of new markets.
C. It cuts down on the amount of capital investment needed for
expansion.
D. It ensures that opportunity costs will never exceed overall
productivity.
Growth widens the area inside the frontier on production possibilities and has a positive effect on businesses. Thus option A is correct
What is business?A corporation or creative entity engaging in business, industrial, and business life is referred to as a business. Corporations could be for-profit corporations or charitable institutions. Limited liability firms, sole traders, corporation, and collaborations are among the several types of businesses.
Growth benefits firms by expanding the territory inside of the frontier of production frontier. There might not be enough money to cover the cost of development. Your workplace and workers will be under more strain if you take on ever more tasks to boost you revenue. Facing pressure, business may be acting quickly in response instead than strategically.
Therefore, option A is the correct option.
Learn more about business, Here:
https://brainly.com/question/15826604
#SPJ2
which of the following is true about the federal reserve and its ability to prevent recessions? the federal reservea) does not try to eliminate recessions, but instead focuses on preventing inflation. b) can fine tune the economy and realistically hope to keep the economy from experiencing recessions. c) cannot realistically fine tune the economy, but seeks to keep recessions shorter and milder than they would otherwise be. d) cannot realistically fine tune the economy and has little to no effect on the magnitude and length of recessions.
The Federal Reserve and its ability to prevent recessions is that the Federal Reserve cannot realistically fine-tune the economy, but seeks to keep recessions shorter and milder than they would otherwise be. This means that option C is the correct answer.
The Federal Reserve is the central bank of the United States and is responsible for managing the country's monetary policy. The primary goal of the Federal Reserve is to maintain price stability, which means keeping inflation in check. However, the Federal Reserve also plays a role in managing the economy and preventing recessions.
While the Federal Reserve cannot completely prevent recessions, it can take steps to mitigate their impact. For example, the Federal Reserve can adjust interest rates, which can influence borrowing and lending behaviour. Lowering interest rates can stimulate economic activity while raising interest rates can slow down the economy and help prevent inflation.
Additionally, the Federal Reserve can use other tools such as quantitative easing (QE) to support the economy during times of recession. QE involves the purchase of government bonds or other securities in order to inject money into the economy and lower interest rates. Overall, while the Federal Reserve cannot completely eliminate recessions, it does have some ability to influence the economy and keep recessions shorter and milder than they would otherwise be.
To know more about the Federal Reserve visit:
https://brainly.com/question/14700070
#SPJ11
Gabby needs to let employees know about a policy change. She thinks the employees would just delete a simple
e-mail. What should Gabby create to catch their attention?
O a business report
O a newsletter
a bulleted list
O a memo
To catch the attention of employees and effectively communicate a policy change, Gabby should create a content loaded memo. Option D
A memo is a formal document used to convey important information within an organization. However, to ensure that the memo is effective, it needs to be content loaded.
A content loaded memo is one that contains all the necessary details about the policy change. It should provide clear information about what the policy change is, why it is being implemented, how it will affect employees, and what steps employees should take to comply with the new policy. The memo should be written in a concise and straightforward language that is easy to understand.
To make the memo even more engaging and attention-grabbing, Gabby can use a bulleted list to highlight the key points of the policy change. This will make it easier for employees to quickly understand the most important information.
In addition, Gabby could also consider using graphics or images to make the memo more visually appealing. This can help to break up the text and make it more engaging for employees to read.
Overall, by creating a content loaded memo, Gabby can effectively communicate the policy change to employees in a way that is clear, concise, and attention-grabbing. Option D is correct.
For more such questions on policy visit:
https://brainly.com/question/6583917
#SPJ11
You decide to change careers and have assessed your values, interests, and skills. What should you do next?
Apply for jobs that look interesting.
Enroll in a certification program.
Make a list of potential jobs and research them.
Reach out to a friend to see if their company is hiring.
Answer:
Make a list of potential jobs and research them
Explanation:
Answer:
Make a list of potential jobs and research them.
Explanation:
How is increasing government spending on more roads and airports a good idea/ bad idea
Answer:
Bad
Explanation:
The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand.
Duties performed by warehouse case study class 11
The duties performed by a warehouse include receiving, storing, and distributing goods and materials efficiently and safely.
What are the primary responsibilities of a warehouse?A warehouse plays a crucial role in the supply chain management of businesses. Its main responsibilities revolve around receiving, storing, and distributing goods and materials.
Upon receiving shipments, warehouse staff inspect the contents for quality and accuracy verifying that the delivered items match the corresponding documentation. They then organize and store the goods in designated locations within the warehouse ensuring efficient use of space
Read more about warehouse duty
brainly.com/question/23941356
#SPJ1
Life Insurance A 38-year-old woman purchases a $100,000 term life insurance policy for an annual payment of $550. Based on a period life table for the U.S. government, the probability that she will survive the year is 0.999057. Find the expected value of the policy for the insurance company. Round to two decimal places for currency problems. The expected value of the policy for the insurance company is $.
The expected value of the policy for the insurance company can be calculated by multiplying the death benefit by the probability of the insured's death and subtracting the annual premium. In this case, the death benefit is $100,000, and the probability of survival is 0.999057.
Expected Value = (Death Benefit x Probability of Death) - Annual Premium
Expected Value = ($100,000 x (1 - 0.999057)) - $550
Expected Value = ($100,000 x 0.000943) - $550
Expected Value = $94.30 - $550
Expected Value = -$455.70
Therefore, the expected value of the policy for the insurance company is -$455.70. This means that, on average, the insurance company can expect to lose $455.70 per policy sold, given the provided information.
Learn more about expected here
brainly.com/question/27547207
#SPJ11
the landmark supreme court decision in 1948 by the u.s. government in the anti-trust case against the major studios for unfair monopoly over the entertainment industry was called
The decision in United States v. Paramount, issued on May 4, 1948, dealt a fatal blow to five major studios and three smaller ones by concluding that the studios had broken anti-trust laws.
The Sherman Anti-Trust Act and the studios first came under scrutiny in 1921, which is when the case's origins can be traced. The ruling led to the Paramount Decree, a rule upheld by the US Department of Justice prohibiting movie production companies from owning theatre chains.
The case is significant for American antitrust law as well as cinematic history. The court's ruling required the studios to sign consent Paramount that would outlaw block booking by requiring that each movie be sold separately.
To learn more about anti-trust, click here.
https://brainly.com/question/1140270
#SPJ4
Toss a fair coin 2n times. You earn $1 for each heads, and lose $1 for cach tails. Calculate the probabilities of the following events: (a) (3 pts) Your net return is 0. (b) (3 pts) Your net return is. (c) (4 pts) Your net return is a multiple of 4. Please justify of your answer. (d) (Bomus problem) Your final net return is 0, and your net return is never negative during the whole game.
The binomial distribution formula calculates the likelihood of a net return of 0. Getting n heads and n tails in 2n tosses is (0.5)^(2n) * (2n select n).
Summing the probabilities of getting more heads than tails when n is greater than n gives the chance of a positive net return. The binomial distribution formula can compute the probability of n+1, n+2,..., 2n heads.
Consider scenarios where the difference between heads and tails is divisible by 4 to determine the likelihood of a net return being a multiple of 4. The difference is 0, 4, 8,..., 2n. Summarise each difference value's probabilities.
The bonus problem of having a final net return of 0 and never a negative net return throughout the game requires more complex computations. The probability may involve dynamic programming to consider all possible sequences of heads and tails that satisfy these constraints.
To know more about net return
https://brainly.com/question/1789817
#SPJ11
leaders at wheelworks note that europe is the motherland of cycling, and they publicize that sales consultant kurt begemann raced in europe. this is relevant to the company because:
Based on the information, this is relevant to the company because consumers whose self-concept is connected to European style and multicultural values will be more likely to shop at Wheelworks when they see those values expressed in the store. Thus the correct option is D.
What are leaders?A leader is defined as someone who practices the skill of inspiring and leading individuals or groups of individuals in a certain organization in order to win their support and help them develop by offering greater guidance.
In this example, it appears that buyers who identified themselves as having a sense of European style and cultural values will be more inclined to spend money at Wheelworks when they see those characteristics upheld by the institution.
Therefore, option D is appropriate.
Learn more about Leaders, here:
https://brainly.com/question/15176246
#SPJ1
The complete question is Probably
Leaders at Wheelworks note that Europe is the motherland of cycling, and they publicize that sales consultant Kurt Begemann raced in Europe. This is relevant to the company because:
a. professional cyclists are the top consumer segment for Wheelworks
b. Wheelworks is a European company.
c. most of the customers at Wheelworks are European
d. consumers whose self-concept is connected to European style and multicultural values will be more likely to shop Wheelworks when they see those values expressed in the store.
what is 5x6x4x i need help i really dont
120 if you were thinking 5x6x4..
Answer:
120 I think
Explanation:
Using the following balance sheet items and amounts, calculate the total liquid assets and total current liabilities.Money market account $3,450 Medical bills $398Mortgage $154,000 Checking account $950Retirement account $94,200 Credit card balance $659
Given the following balance sheet items and amounts, the total liquid assets and total current liabilities are to be calculated:
Money market account $3,450
Medical bills $398
Mortgage $154,000
Checking account $950
Retirement account $94,200
Credit card balance $659
Calculation of liquid assets: Since liquid assets are those that are easily convertible to cash, we can determine the total liquid assets by adding the checking account balance and money market account balance.
So,Total liquid assets= $3,450 + $950= $4,400
Calculation of current liabilities: Current liabilities are those that are expected to be settled in cash within the next year. The given medical bills and credit card balance are current liabilities.
Total current liabilities = $398 + $659= $1,057
Thus, the total liquid assets and total current liabilities are $4,400 and $1,057, respectively.
To learn more about “balance sheet” refer to the https://brainly.com/question/1113933
#SPJ11