Difference between assets and liabilities.

Answers

Answer 1

Answer:

see below

Explanation:

Assets are the things a person or a company owns. They are items precious to a business or an individual. Assets are things that can be assigned a monetary value. They are in the form of cash, properties, money market securities, machinery, plants and equipment, intellectual property rights, and many others.

Liabilities are money a  business or person owes others. They are loans, debts, and obligations that need to be paid. Common liabilities include bank loans, unpaid utilities, and creditors such as suppliers.


Related Questions

If you put $7000 in a saving account that earns 2% interest for 10 years, how much will you have in
total in 10 years?
2. If you put $2,000 in a savings account that earns 1% interest for 5 years, how much will you have total
in 5 years?
3. If you put $1500 in a savings account that earns 3% interest for 7 years, how much will you have in
total in 7 years?
4. If you put $2000 in a savings account that earns 1% interest for 15 years, how much will you have
total in 15 ye

Answers

Answer:

1) 56,000

2) 9,950

3) 8,479

4) 25,500

Explanation:

1)20% of 70.000=56.000

2)5% of 10.000=9.950

3)21% of 10.500=8.479

4)15% of 30.000=25.500

Which of the following is not included in the GDP?
a. Consumer spending
b. Exports
C. Nonmarket activity
d. Government spending

Answers

Answer:

C. Non-market activity

Explanation:

The GDP value represents the total of goods and services produced within the boundaries of a country. One method of calculating GDP is through the expenditure approach. the formula for this method is that GDP = C + G + I + NX where

C is the total of consumer spending.

G is the total value of the government's expenditure

I represent the summary of all investments.

NX is the net exports: total exports minus imports.

The GDP value does not include non-market activities.

1. How does your credit score impact the personal loan options you have
available?

Answers

Answer:

idek

Explanation:

My mom said i could get iPhone 12 or Xbox one series Which do i pick.

Answers

Answer:

Ps5

Explanation:

Answer:

get an iphone 12 and please use brainly for actual real life homework help.

Explanation:

I have $3,000 in credit card debt. If I can pay $150.00 a month, how long will it take to pay it off? My current interest rate is 18%. Remember to include your inputs and round 2 decimal points like we did in module 2.

Answers

Answer:

2 years

Explanation:

Rate = rate per period = 18%/12 = 1.5%

PV = 3,000

PMT = 150

Number of a payment period = NPER(Rate, PMT, -PV, FV)

Number of a payment period = NPER(18%/12, 150, -3000)

Number of a payment period = 23.96 months

Time to payoff loan = 23.96/12

Time to payoff loan = 1.99667

Time to payoff loan = 2 years

What is the difference between being financially dependent and being financially independent?

Answers

Answer:

Being financially dependent means that you depend on the government to help you and being independent means that you are depending on the money you make from work.

Explanation

i know a little about business hope this helps


Capital refers to a person's assets
True or False

Answers

Answer:

True

Explanation:

What are references like for a job thing. Idk how else to say it

Answers

Answer:References can help you find the right job by giveing you a point of reference to compare jobs.

Explanation:

Is your name ariel? cus we mermaid for each other

Answers

Answer:

If I could rearrange the alphabet, I’d put ‘U’ and ‘I’ together.

Explanation:

good thing i got my library card, because im checking you out

Jazz Corporation owns 50% of the Williams Corp. Stock. Williams distributed a $10,000 dividend to Jazz Corporation. Jazz Corp.'s taxable income before the dividend was $100,000. What is the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp.?

Answers

Answer:

$6,500

Explanation:

Calculation for the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp

Based on the information given we were told that the Jazz's Corporation owns part of Williams Corp. stock which is 50% in which Williams Corp. stock distributed the amount of $10,000 dividend to Jazz Corporation which means that Jazz Corporation share in Williams stock is higher than 20% and as well lower than 80% based on this Jazz Corp.'s will be entitled to dividend received deduction of 65% calculated as:

Dividends received deduction =$10,000 × 65%

Dividends received deduction=$6,500

Therefore the amount of Jazz's dividends received deduction on the dividend it received from Williams Corp will be $6,500

The information given to you by your teachers is always accurate and should never be questioned. Please select the best answer from the choices provided T F

Answers

Answer:

The answer is False.

Explanation:

Trust me, I know.... I HAVE KNOWLEDGE

justfoxii on twitch!

The information given by our teachers may not always be accurate. Therefore the correct option here is f.

Why must we not always think the teacher might always be right?

Teachers are human beings and we all know the idiom "To err is human" therefore sometimes teachers might be wrong but instead of criticising or making a joke out of it we must try to tell the teacher to remind them where the mistake was made and move on.

But it is not good to accept if the information given by the teacher is wrong. We must use our logic and sometimes do research before accepting a fact. If we feel that the teacher is not right, we must question with respect so that no negative kind of atmosphere is created within the classroom.

Even a good teacher, after knowing that they had made a mistake, will accept it without any argument or taking it negatively. In the same way, a good student will not make any kind of negativity from it and will ask the teacher respectfully if something said is correct or incorrect.

Any question asked respectfully can create positivity and eagerness to learn more.

Learn more about teachers, here:

https://brainly.com/question/1963463

#SPJ6

Ram said to gita,"you are mt best friend."(indirect)​

Answers

Answer:

ram said to gita that she is his best friend

.

.

.

.

hope it may help

If you were developing a product (like a web browser) for a market with significant barriers to entry, how would you try to get your product into the market successfully?​

Answers

Answer:

by making it

Explanation:

because ill make a deal with the owner of the market and if he/she says yes i basicly talked buissness

Which of the following advances in manufacturing is at the heart of the processes that transform raw materials into products?

automation
nanotechnology
assembly line
matrix

Answers

Answer:

Assembly line

Explanation:

Victor is the recipient of $1 million from a lawsuit. Victor decides to use the money to purchase a small business in Florida. His business operates in a perfectly competitive industry. If Victor would have invested the $1 million in a risk-free bond fund, he could have earned $100,000 each year. After he bought the small business, Victor quit his job as a market analyst with Research, Inc., where he used to earn $75,000 per year. At the end of the first year of operating his new business, Victor’s accountant reported an accounting profit of $150,000. What was Victor’s economic profit?

Answers

Answer:

the economic profit of Victor is -$25,000

Explanation:

The computation of the economic profit is shown below:

Economic profit is

= Accounting profit - implicit costs

= $150,000 - ($100,000 + $75,000)

= -$25,000

Hence, the economic profit of Victor is -$25,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Which of the following increases liabilities but not assets? a. Taking out a loan to buy a new car b. Taking out a loan to go on vacation c. Using a credit card to buy a computer d. Paying off a student loan Please select the best answer from the choices provided A B C D

Answers

Answer:

Taking out a loan to go on vacation

Explanation:

Liabilities are money owed to other people. They include debts, loans, or other obligations that a person or business is expected to pay.  Taking up loans increases liabilities. A loan to expand a business either by increasing inventory or equipment add to both assets liabilities.  

A vacation is not an asset. A loan to finance a vacation will only add to liabilities. Paying off a student loan reduces liabilities.  Any debt to purchase a car or a computer increases assets and liabilities since the two are assets.

Answer:

taking out a loan on vacation

Explanation:

4. What type of promotions do you think are most effective in the sports and
entertainment marketing industry?

Answers

Answer:

Publicity is the most effective way because consumers can see products in a specific way. ... A: Personal selling is more effective because it makes the customer want to come back and buy more products.

enumerate and explain the concepts of entrepreneurship​

Answers

Answer:

Explanation: Entrepreneurship is the act of setting out on your own and starting a business instead of working for someone else in his business. While entrepreneurs must deal with a larger number of obstacles and fears than hourly or salaried employees, the payoff may be far greater as well

Which of the following statements is true? *
Monthly Net Savings = Total Monthly Expenses - Monthly Net Income
O Net Income = Gross Income * Taxes Owed
Monthly Net Savings = Monthly Net Income * Total Monthly Expenses
Net Income = Gross Income - Taxes Owed

Answers

Answer:

Net Income = Gross Income - Taxes Owed

Explanation:

Net income is the amount one gets after all deductions are considered. Deductions include taxes, expenses, voluntary and involuntary contributions.

To a salaried person, net income is the gross pay minus taxes and all deductions. It is the take-home pay.

What does a credit score provide to lenders?

Group of answer choices

A person's credit risk

A person's credit history

A person's credit application

A person's credit interest

Answers

Answer:

I believe the answer is credit history, please let me know if I am wrong.

Explanation:

"'A credit score is a number lenders use to help them decide how likely it is that they will be repaid on time if they give a person a loan or a credit card.'' Your personal credit score is built on your credit history.'' Your FICO® Score☉ ranges from 300 to 850."

Answer: A person’s credit risk

Explanation:

What was the only thing Amazon sold when it first opened 25 years ago

Answers

amazon was originally an online bookstore
Amazon was a online bookstore

Lake Community College gives its faculty the option of receiving the balance of their contract at the end of the semester on May 17, 20--. The faculty can receive one lump-sum payment instead of receiving the remaining seven biweekly pays over the summer. Use the data given below to complete the Payroll Register on May 17. No employee has reached the OASDI ceiling, and all employees are taking the lump-sum payment. The state withholding rate is 2.0% of total earnings; the city withholding rate is 1.0% of total earnings. The biweekly wage bracket is used for federal income taxes.

Answers

Please find table attached

Answer and Explanation:

Given that state withholding rate or state income taxes(SIT) and city withholding rate or city income taxes(CIT) are 2.0% and 1.0% respectively. Social security taxes(OASDI) and Medicare taxes are 6.25% and 1.45% respectively and OASDI ceiling is not reached.  Also Federal income taxes(FIT) is 11%. For each lump sum say $16000, we multiply the rate say 6.2% OASDI to get OASDI deduction for that employee. Hence we calculate employees' payroll as follows:

Problem 5-7 Analyzing Transactions

Answers

I don’t see anything :/

Which advice will help Luke, a bank employee, advance in his career?
ОА. Don't waste too much time on academic learning.
OB. Spend as much time as you can socializing with your colleagues.
OC. Agree with everything your manager says.
OD. Maintain a positive attitude toward learning.

Answers

Answer:

D. Maintain a positive attitude towards learning.

Answer:

D. Maintain a positive attitude towards learning.

Explanation:

Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or should they get paid less? Why?

Answers

I think they earn theses amounts, they also shouldn’t get paid less. Ex. Athletes: Football players practice all the time, they play ALL THE TIME, what you put in is what you get in return. They put a lot of work in, so money is what they get in return. They earn it.

Type the correct answer in the box Spell all words correctly
What is an example of using a transaction processing system to process data immediately
transactions are aſ perfect example of the transaction processing system,

Answers

Answer:

online transactions

Explanation:

Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?

Group of answer choices

A tax break

A reduced time in debt

A higher loan rate

A less secure loan

Answers

Answer:

A reduced time in debt

Explanation:

Gina intends to purchase that motorbike on credit. By making a down-payment, Gina is reducing the amount she needs to borrow to buy the bike.

A reduced loan amount means that Gina will require less to repay. It also implies that the interest to be paid will reduce. Making the down-payment helps Gina stay in debt for a short period.

Businesses are expected to demonstrate ethical behavior?
A only when required by government regulation
B even when government regulations do not apply
C only when required by a contract
D except when it conflicts with corporate culture

Answers

Answer:

B. even when government regulations do not apply
The answer is B hope that helps

How can an employee best help to maintain a positive work environment?
ОА.
Avoid interacting with other staff members.
OB.
Focus on the good things.
O C.
Socialize every evening with other staff members.
OD.
Maintain good relations with the management.

Answers

Answer:

D. Maintain good relations with the management.

Answer:

it is (C)

Explanation:

Which of the following describes how the U.S. government protects and supports farmers and ranchers?
through establishing and maintaining food standards
through programs that provide direct payments
through allowing agribusiness companies to create oligopolies
through strict measures of qualis for commodities

first one to get it right gets Brainliest ​

Answers

Answer:

through allowing agribusiness companies to create oligopolies

Explanation:

Answer:

through programs that provide direct payments

Explanation:

The United States government gives free money to farmers and ranchers through a government subsidiary.

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Select the correct answer. If you add 12 marshmallows to each of 5 bags of marshmallows, and each bag started with the same number of marshmallows, the total number of marshmallows is given by the expression 5(x + 12). Identify an equivalent expression. OA X + 12 B. 2x - 60 C. 5x + 60 D. 2x - 60 Probability of rolling a composite number on a dice and the coin landing on tails Answer choices are 1/8, 2/3 and 5/6This is 7th grade math btw there were 8 times as many blue cubes as red,in a box there were 6 red cubes.How many blue cubes were there Matthew mixes 1/2 cup of yellow paint for every 1/5 cup of blue paint to make green paint. how many cups of yellow paint are needed for 1 cup of blue paint. plzzzzzzzzz help will give brainly 2.8 - 0.92 mathematics What is the purpose of a brochure about a vacation resort or tourist attraction?describepersuadeinformall of the above Why do authors include a hero in most dramatic literature or movies? How does it represent the beliefs of our culture? Is the hero a symbol for anything? A company purchased property for $100,000. The property included a building, a parking lot, and land. The building was appraised at $62,000; the land at $35,000, and the parking lot at $18,000. Land should be recorded in the accounting records with an allocated cost of:________.a) $0.b) $30,435.c) $35,000.d) $46,087.e) $100,000. Is 8397 divisible by 9 Explain why there is a growing concern over the physical fitness of children and adolescents. How does nondisjunction affect the gametes chromosome numbers? slope of y = 7x-100 What does 15% + 14% + 12% = algebra nation section 3- topic 8 please answer see the image below Jahaira buys a car for $5,160. Her state charges 7% sales tax, $87for licence plates, and $30 for safety and emissions fees. How muchwill Jahaira owe for these extra charges, NOT INCLUDING the priceof the car? what is the difference between autosomes and gametes PLease see the picture below please help me thank you. should local churches be responsible for evangelism