Explain how to calculate a person’s net worth and why they would need to know their net worth?

Answers

Answer 1

Answer:

Net worth is the value of all assets, minus the total of all liabilities. Put another way, net worth is what is owned minus what is owed. it can help you identify areas where you spend too much money


Related Questions

What financing source involves wealthy individuals giving their money to fund a startup?

Answers

Answer:

Angel Investors

Explanation:

Angel investment is when a person or a group of individuals use their finances to fund a startup. These investors are wealthy and consider it fit to finance entrepreneurs based on business ideas and proposals.

Angel investors usually have excess funds and willing to risk in the early stages of a startup in anticipation of bigger returns when the business succeeds. Angel investors gain percentage ownership in the business in exchange for funding. They also offer mentorship to entrepreneurs.

Which statement is true?

online credit is more expensive than bank credit

online credit is less expensive than bank credit

online credit and bank credit are equally expensive

online credit is harder to obtain than bank credit

Answers

Answer:

online credit is less expensive than bank credit

Explanation:

Online lenders are likely to charge lower rates than banks due to the differences in operating expenses. Online lenders do not incur the cost of operating from a physical building, such as rent and maintenance. They do not have high employee cost as compared to banks. Due to these reasons, online lenders charge lower fees and lower interest rates.

Sometimes online loans appear expensive, but it's because they are unsecured loans. A close comparison between different types of loans will show online lenders offer cheaper loans.

Which resource can you use to view business or suppliers divided into different categories?

You may use online or offline (blank) to view businesses or suppliers classified into different categories.

Answers

Answer:

yellow pages

Explanation:

Answer:

It's "Yellow Pages"

Explanation:

I got it right!!

*PLEASE HELP ME!*

Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?

practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework

Answers

Answer:

C

Explanation:

Western deli pays its couriers straight time for 36 hours per week and double time for any horus more than 36 worked last week kevin alvarez worked a total of 42 hours and had total pay of 545.28 what is his straight time pay

Answers

Answer:

Western Deli

Kevin Alvarez's straight time pay = $408.96

Explanation:

Data and Calculations:

Straight time = 36 hours per week

Overtime hours worked = 6 hours

Total hours worked = 42 hours

Total pay for the week = $545.28

Rate of pay:

Straight time  =  Hourly rate

Overtime = Hourly rate x 2

Total hours paid = Straight time + 2 of Overtime = 36 + 12 = 48 hours

Hourly rate = $545.28/48 = $11.36

Therefore, Straight time pay = 36 x $11.36 = $408.96

Using the pie chart in your reading, what percentage of our total tax dollars is used by the federal gov. to fund the social security and Medicare programs?
Answer: 38%

Answers

The percentage spent on Social Security and Medicare of the total is =  28.32% of the Total Spending.

The total amount of funds used by the Federal Government for social security and Medicare in the year 2020 is $1.869 Trillion.

The total Medicare and Social Security spending:

Medicare ($ 769,000,000,000) + Social Security ($ 1,100,000,000,000) =

Total ($ 1,869,000,000,000) or $1.869 Trillion

The percentage of the Medicare and Social Security spending as a percentage of the total spend:

The Total Spend = $6.6 Trillion (or $6,600,000,000,000)

The percentage spent on Social Security and Medicare of the total is:

Formula = (Value / Total) x 100%

= ($1.869 Trilion/$6.6 Trillion) x 100%

= ($ 1,869,000,000,000/$6,600,000,000,000) x 100%

= 0.28318181818 X 100%

= 28.32%

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Under the NASAA Model Rules, which of the following need not be included when entering into, extending, or renewing any investment advisory contract?
[A] The investment adviser's experience level [B] The fee for advising must be included along with any formula used to compute such a fee [C] The amount of fees that were pre-paid and that will be returned to the individual in the event of the termination of the contract [D] The contract's length or term

Answers

[D] The contract's length or term is not included in the NASAA Model Rules.

The NASAA Model Rules have provisions that regulate the operations of investment advisers.

An investment adviser is a person or organization that gives investment advice to others as part of a trade or business and receives compensation for that advice.

The investment advisers are required to include the fee for advising along with any formula used to compute such a fee when entering into, extending, or renewing any investment advisory contract.

Based on the given options, it is clear that option [A] The investment adviser's experience level and option [C] The amount of fees that were pre-paid and that will be returned to the individual in the event of the termination of the contract are not required when entering into, extending, or renewing any investment advisory contract under the NASAA Model Rules.

Investment advisory contracts are legally binding agreements between a registered investment adviser and a customer. It can be either written or oral.

The duration or length of the contract is a significant aspect of the agreement that must be included when entering into, extending, or renewing an investment advisory contract. Hence, option [D] The contract's length or term must be included in any investment advisory contract under the NASAA Model Rules.

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True or false: A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.

Answers

Answer:

True

Explanation:

how can a company´s salespeople help with product development?

Answers

Answer:

Salespeople, who are on the front line interacting with customers, assume one of the most important roles in the product differentiation process. A well-informed customer will usually choose the product that offers the most value. There- fore, salespeople need to position their product with a value proposition.

Answer:

They can be a source of ideas.

Explanation:

just got that wrong.... sad so i know its correct it was A. for me

Click this link to view O*NET’s Tasks section for Heating and Air Conditioning Mechanics and Installers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks Heating and Air Conditioning Mechanics and Installers perform? Check all that apply.

joining pipes or tubing to equipment and to fuel, water, or refrigerant source
pumping oil from a well into a pipeline for transmission
overseeing the activities of workers in a hydroelectric power plant
testing pipe, or tubing joints or connections for leaks
reassembling and testing equipment
testing electrical circuits or components

Answers

Answer:

A, D, E , F

Explanation:

Just finished the assignment.

Answer:

The correct answer is A C D F

Explanation:

distribution requirements planning helps to synchronize supply chain partners at the a. primary storage level. b. secondary delivery level. c. primary schedule level. d. master schedule level.

Answers

The main answer is d. master schedule level. Distribution Requirements Planning (DRP) helps to synchronize supply chain partners at the master schedule level.

This means that DRP assists in aligning the production and distribution plans of various partners in the supply chain. It involves coordinating the timing and quantity of inventory replenishment to meet customer demand while minimizing excess inventory and stockouts.

In more detail, DRP works by analyzing customer demand data, considering lead times, and coordinating with suppliers to ensure the right amount of inventory is available at the right time and in the right location. It helps in managing the flow of goods from suppliers to manufacturers, and from manufacturers to distributors or retailers.

By operating at the master schedule level, DRP allows supply chain partners to make informed decisions regarding production levels, order quantities, and delivery schedules. It promotes better collaboration and coordination among partners, leading to improved efficiency, reduced costs, and enhanced customer satisfaction.

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Henry is preparing to give a report on the coronavirus vaccine and is starting his research. What are the BEST possible sources for him to use in his research?
✅government websites and newspapers
- friends’ and parents’ opinions
- Twitter and Reddit
- advertisements

Henry is preparing to give a report on the coronavirus vaccine and is starting his research. What are

Answers

Answer:

government websites and newspapers or

advertisements

write how vermicompost is prepared in a pit​

Answers

Explanation:

Vermicomposting pits are mainly used by farmers. These farmers dig a large hole that serves the purpose of burying worms and organic waste material. Pits made for vermicomposting are usually 1 m deep and 1.5 ms wide.

the economic system in the united states is called a ____ economy
- market
- mixed
- command
- traditiol

Answers

Answer:

Mixed Economy

Explanation:

Hope this helps

Mixed economy Hope I’m right

explain how the global expansion of organizations has impacted society, citing specific examples regarding culture, transportation, employment, infrastructure, and environmental climate.]

Answers

The global expansion of organizations has had a significant impact on society. With the increased globalization of business, organizations are able to operate in multiple countries, providing employment opportunities in different cultures, expanding transportation and infrastructure, and creating environmental impacts.

Companies can now hire workers from a wider range of backgrounds and experiences since they have access to a greater talent pool. As a result, the workforce is now more inclusive and varied.

Likewise, businesses can transfer goods and services across international borders swiftly and effectively by utilizing transportation networks.

A global economy has been established as a result, giving businesses access to new markets and clients.

Last but not least, because of increased production and consumption, which has led to pollution and other environmental problems, organizations have had a huge impact on the environment.

Companies must exercise caution in order to prevent having a detrimental effect on society as a result of their worldwide expansion.

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i will give brainlest!!!

name 5 things that being a doctor requires

Answers

In general, doctor requirements include completing a 4-year undergraduate degree program, spending 4 years in medical school, and then completing 3-7 years of residency training before becoming eligible for medical licensing

which describes a situation in which a surplus occurs? responses a cell phone company cuts its rates to attract new customers. a cell phone company cuts its rates to attract new customers. a publisher has printed more copies of a book than people want to read. a publisher has printed more copies of a book than people want to read. a clothing store puts bathing suits on sale to get rid of them before the end of summer. a clothing store puts bathing suits on sale to get rid of them before the end of summer. a car company tries to charge too high a price for a new model of minivan.

Answers

Which describes a situation in which a surplus occurs? responses a cell phone company cuts its rates to attract new customers. a cell phone company cuts its rates to attract new customers.  

a publisher has printed more copies of a book than people want to read. a clothing store puts bathing suits on sale to get rid of them before the end of summer. a car company tries to charge too high a price for a new model of minivan.

This is the correct option "a publisher has printed more copies of a book than people want to read".

What is a surplus?

A surplus is when the quantity of a good supplied exceeds the quantity of that good demanded at a given price. In other words, when the quantity of goods supplied is more than the quantity of goods demanded, a surplus exists.

The question is asking us to choose the statement that describes a scenario in which a surplus exists. A surplus occurs when a publisher has printed more copies of a book than people want to read. This is the statement that describes a situation in which a surplus exists.

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all else equal surplus is higher at higher prices.
All else equal, what happens to consumer surplus if the price of a good decreases?
a. Consumer surplus increases.
b. Consumer surplus decreases.
c. Consumer surplus is unchanged.
d. Consumer surplus may increase, decrease, or remain unchanged.

Answers

If the price of a good decrease, the consumer surplus increases.

The correct answer is A.

This is because consumer surplus is the difference between what consumers are willing to pay for a product and what they actually pay. When the price of good decreases, consumers can buy more of the product for less money, increasing their total consumer surplus.

In other words, a decrease in price increases the value consumers receive for each unit of the good they purchase, resulting in a more enormous consumer surplus. Therefore, the correct answer is a. Consumer surplus increases when the price of goods decreases, all else equal.

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What is the difference between productive and service oriented professions Explain with examples​

Answers

Answer:

Explanation:

Product vs Service Business

While it may seem to go against traditional thinking, in some ways there is very little difference between product based and service based companies. In actuality, both sell a product. The distinction between the two is that the product business sells a physical, tangible product, while the service business owner sells his skills as the primary product. In the service-based business, customers purchase the skills of a service provider or owner, such as a plumber or lawyer, This type of business has a strong emphasis on the client relationship and makes the customer's user experience very important. Product-based businesses, on the other hand, deliver physical products that are reasonably consistent in quality for each customer, making the customer experience fairly predictable.

Local or Global Consumer Markets

In general, when consumers are looking for new solutions they try to distinguish the different services/products of business and industry in the locality where they reside. As such, businesses need to target their product and service based businesses to the appropriate markets. Consumers located anywhere in the global market can purchase a product via the internet as long as they can have their purchase delivered locally and cost effectively. However, most service businesses can only provide services to customers within their local target market. For example, while a computer store can ship computers all over the world, a hairstylist will only attract clients within a reasonable driving distance from her home or business. As a result, businesses need to consider how their customer base will influence their marketing efforts.

pl. make it as brainliest if it's helpful to you...!!

what is the answer to this question?

what is the answer to this question?

Answers

Answer:

I think it's c hope it help

Explanation:

c

Im pretty sure the answer is c. (:

assume+a+bank+offers+an+effective+annual+rate+of+7.26%.+if+compounding+is+monthly+what+is+the+apr?

Answers

The APR (Annual Percentage Rate) can be calculated based on the given effective annual rate of 7.26% with monthly compounding. The APR is approximately 6.98%.

The APR represents the annualized interest rate charged by a financial institution. It is used to compare different loan or investment options. In this case, we are given the effective annual rate of 7.26%, which takes into account the compounding frequency of monthly. To calculate the APR, we need to find the nominal interest rate that would result in the same effective annual rate when compounded monthly. We can use the following formula APR = (1 + i)^n - 1 Where i is the nominal interest rate and n is the number of compounding periods in a year. By substituting the values into the formula, we can solve for i: (1 + i)^12 - 1 = 0.0726 Simplifying the equation: (1 + i)^12 = 1.0726 Taking the twelfth root of both sides: 1 + i = (1.0726)^(1/12) 1 + i = 1.005992 Subtracting 1 from both sides: i = 0.005992 Converting the decimal to a percentage, the APR is approximately 0.5992%, which is rounded to 6.98%.

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20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER

20 POINTS AND WILL GIVE BRAINLY PLS ANSWER

Answers

you're right hope it helps answer d
It’s is C i’m sure :)))

Sarah receives a semi-monthly salary of $933.20 and works a regular workweek of 40 hours. A. What is Sarah's hourly rate of pay? 5 marks b. If Sarah's gross earnings in one pay period were $1090.19, for how many hours of overtime was she paid at time and one-half regular pay

Answers

Answer:

$10.7677

9.72 hours

Explanation:

Given the following :

Semi-monthly salary = $933.20

Work hours per week = 40 hours

Hourly rate of pay =?

Monthly salary = 2 × $933.20 = $1866.40

Yearly pay = $1866.40 × 12 = $22396.8

Therefore, weekly pay ;

$22,396.80 / 52 = $430.7077

However, Sarah only works for 40 hours per week

Therefore, weekly pay equals;

$430.7077 / 40 = $10.7677

B) if gross pay = $1090.19

Therefore, amount of overtime paid equals:

$1090.19 - $933.20 = $156.99

If overtime pay is one-half regular pay, that is;

1.5 × $10.7677 = $16.152

Therefore, overtime hours equals

Total overtime paid / overtime pay rate

$156.99 / $ 16.152 = 9.719

9.72 hours

HELP
When a company/economy is making money,
how does the demand curve shift?
B. down
A. up
D. to the left
C. to the right

HELP When a company/economy is making money,how does the demand curve shift?B. downA. upD. to the leftC.

Answers

Answer:

It's A, The demand curve shifts up

Explanation:

It goes up

Chris operates the Devil's Brew chain of coffee stands. "Devil's Brew" is a a. certification mark. b. trade name. c. service mark. d. collective mark.

Answers

Answer:

b. trade name.

Explanation:

What is the monthly interest payment for an
account with a balance of $120.00 and an A.P.R.
of 10%?
A. $12.00
C. $10.00
B. $1.00
D. $4.00

Answers

Answer:

B. $1.00

Explanation:

Here,

=10% of $120

=$12

Then,

or, 1 year = 12 months

or, 12 months = $12

1 month = $1

So, the monthly interest payment for an

account with a balance of $120.00 and an A.P.R. of 10% is option b, $1.

the investment company, american funds, has a mutual fund amcpx as part of its fund family. amcpx's total fair market value of assets in the fund is $4,480,000. their expenses including management fees and 12b1 fees are 228,000. there are 123,343 shares outstanding. what is the nav (net asset value or price) for amcpx? a. $19.65 b. $36.03 c. $34.20 d. $18.65

Answers

The answer to the question is option C: $34.20. To calculate the NAV (net asset value) of amcpx, we need to subtract the expenses from the total fair market value of assets and divide by the number of shares outstanding.

The detailed answer is calculated as follows:
- First, we need to calculate the total expenses per share by dividing the total expenses by the number of outstanding shares:
$228,000 / 123,343 = $1.85 per share
- Next, we need to subtract the total expenses per share from the total fair market value of assets in the fund:
$4,480,000 - ($1.85 x 123,343) = $4,238,189.05
- Finally, we need to divide the resulting amount by the number of outstanding shares to get the NAV:
$4,238,189.05 / 123,343 = $34.20 per share

Therefore, the net asset value or price for AMCpx is $34.20 per share.

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The Real Estate Settlement Procedures Act states all of the following EXCEPT

Answers

Idonno si maam I D is a good night I give it to him and I give it a go go bye bye hi and then I’ll give it bye to bye

Using too many different shapes within a design can
a. add interest to the design
b. make the room fun for kids
c. be visually confusing or distracting
d. none of the above

Answers

Answer:

c. be visually confusing or distracting

Explanation:

"Too many"=Negative

Answer:

C

Explanation:

Which component stores acceleration summaries for ad hoc data model acceleration?.

Answers

The component that stores the acceleration summaries for ad hoc data model acceleration called the high performance analytics store.

What is data analytics?

High performance data analytics refers to a process of rapid examining large of data sets for finding of specific insights.

The data analytics is done by using the processing of high performance computing to run the powerful analytic software.

However, the high performance analytics store deals with the collection of summaries that a data model uses for acceleration.

In conclusion, the component that stores the acceleration summaries for ad hoc data model acceleration called the high performance analytics store.

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