Tim owns a house worth $1,380,000, with a $720,000 mortgage. He has a car worth $29,000 that he owns outright. Tim has a balance of $23,000 in his savings account and $1,500 in his chequing account. His line of credit has a limit of $50,000 and a balance of $3,500. Tim has a MasterCard with a $15,000 limit and a balance of $575, and a Visa with a limit of $10,000, and a balance of $1,800. The book value of Tim’s TFSA is $73,500, and its current market value is $97,000. He also has $50,000 in a non-registered GIC. a) Calculate Tim’s net worth.
b) What is his debt-to-equity ratio?

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.