Maxwell has $10,000 in the bank, a $250,000 home, and investments worth $8,000. he also has $8,000 worth of credit card debt and a $175,000 home loan. maxwell wants to know his net worth. he adds all of his assets together and determines his net worth is $268,000. evaluate maxwell's determination.
Answers: 3
Business, 21.06.2019 22:20
Steele bicycle manufacturing company currently produces the handlebars used in manufacturing its bicycles, which are high-quality racing bikes with limited sales. steele produces and sells only 10,000 bikes each year. due to the low volume of activity, steele is unable to obtain the economies of scale that larger producers achieve. for example, steele could buy the handlebars for $31 each: they cost $34 each to make. the following is a detailed breakdown of current production costs: after seeing these figures, steele's president remarked that it would be foolish for the company to continue to produce the handlebars at $34 each when it can buy them for $31 each. calculate the total relevant cost. do you agree with the president's conclusion?
Answers: 1
Business, 22.06.2019 00:30
What are six resources for you decide which type of business to start and how to start it?
Answers: 3
Business, 22.06.2019 11:10
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? β’ agi: $80,000 β’ medical and dental expenses: $9,000 β’ state income taxes: $3,500 β’ mortgage interest: $9,500 β’ charitable contributions: $1,000.
Answers: 1
Business, 22.06.2019 12:50
You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?
Answers: 1
Maxwell has $10,000 in the bank, a $250,000 home, and investments worth $8,000. he also has $8,000 w...
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