Steve Marks owes $20,000 in medical bills, $300 to the public utility, $400 on a dental bill due this month, $35,000 on a 10 year student loan, and $120,000 on a 30 year home mortgage. What is Steve's total for current liabilities
Answers
Answer:
US$ 175.700
Explanation:
Based on the given information, the total of Steve Marks's current liabilities is 20,700.
What is Current liability?The simple payments that are outstanding within a year or during the course of a typical business cycle are known as current liabilities. These are the sums that each person or business must pay each year.
The formula for calculating the current liability is
Total current liabilities=Medical bills+Public utility+dental Bill
As given
Medical bills=$20,000
Public utility=$300
Dental bill=$400
In the given case, the student loan and home mortgage are excluded as they are not considered as current liabilities of the business payable in a year.
Current liabilities=$20,000+$400+$300
Current liabilities=$20,700
In conclusion, Steve Marks's current liabilities are $ 20,700.
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Related Questions
i like work at a besiness
Answers
Answer:
OK??
Explanation: Up at answer
When considering a product's characteristics and the rate of adoption, complexity refers to the degree to which a new product is _______.
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Complexity has to do with how it's difficult to understand and use the new product.
What is complexity?Complexity simply means the difficulties regarding the use of a particular product.
In this case, when considering a product's characteristics and the rate of adoption, complexity refers to the degree to which a new product is the difficulties to understand and use the new product.
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The market return is 12% and the risk free rate is 4%. Smallish Inc. Has a market beta of 0. 9, a SMB beta of 0. 65, and a HML beta of. 52. The risk premium on HML and SMB are both 2%. If the single factor model generates a regression coefficient of 0. 8, using the Fama-French Three Factor Model, what is the different in returns between the Three-Factor model and the single factor model expected returns on Smallish Inc. Stock
Answers
The difference in returns between the Three-Factor model and the single factor model is mathematically given as
R= 13.54%
What is the difference in returns between the Three-Factor model and the single factor model expected returns on Smallish Inc. Stock?
Question Parameters:
The market return is 12% and the risk free rate is 4%. Smallish Inc. Has a market beta of 0. 9, '
a SMB beta of 0. 65, and a HML beta of. 52.
The risk premium on HML and SMB are both 2%.
a regression coefficient of 0. 8,
Generally, the equation for the Return is mathematically given as
Return = Rf + beta x (Rm - Rf) + beta x SMB + beta x HML
R= 4% + 0.9 (12%-4%) + 0.65 (2%) + 0.52 (2%)
R= 13.54%
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There are five steps involved in segmenting and targeting a market. What should a marketer do once she has developed a market-product grid and estimated the size of markets?.
Answers
The marketer should select target markets once she has developed a market-product grid and estimated the size of markets.
What is a target market?A target market being a group of customers that a business decides to aim its marketing efforts and ultimately products on. They are potential customers that one wish to sell products or services to.
Target market are the group of people in which the products are made for. The products are specifically tailored to certain set of people.
Hence, the marketer should select target markets once she has developed a market-product grid and estimated the size of markets.
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In the current external business environment as described in the text book, which of the following statements is true a. companies are more adversarial than ever before b. corporate culture defines success c. the business environment is static d. mergers are decling e. joint ventures are on the rise\\
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Answer:
A. companies are more adversarial than ever before
When a company introduces new product brands as defensive moves to counteract competition, these brands are called ______ brands.
Answers
Answer:
When a company introduces new product brands as defensive moves to counteract competition, these brands are called product developmentbrands.
Explanation:
Product developments
When a company introduces new product brands as defensive moves to counteract competition, these brands are called "fighting brands".
What is a brand?
A brand is a good, service, or idea that is publicly set apart from similar ones so that it can be promoted and communicated more effectively. The name of the distinguishing good, service, or idea is known as a brand name. The process of developing and promoting a brand name is known as branding. Individual product and service names, as well as the complete corporate identity, can be branded.
Businesses are frequently judged on their brands and how well known they are to the general public. Corporations occasionally hire market research agencies to investigate brand identification and sentiments regarding the brands.
What are fighting brands?
A fighting brand is a new version of an existing or similar product that is made available for a brief period of time in a particular market area at a price that is very low or below costs in order to compete with other businesses. Companies launch "fighting brands" to avoid lowering the prices for its well-known brands because doing so could be expensive due to factors like the established brands' consistent pricing across many marketplaces. Fighting brands are frequently seen as predatory or anticompetitive behaviour designed to drive rivals out of a particular market. However, they have a slim possibility of success, just as other predatory strategies.
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Organizational training needs analysis Select one: a. focuses on the training needs of one specific work group. b. does not consider long- and short-term goals of the training. c. considers the cost-effectiveness of training programs. d. All of the above
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When a company engages in organization training needs analysis, they c. consider the cost-effectiveness of training programs.
Why would a company consider the cost-effectiveness of training programs?Organizational training is done to improve the effectiveness of a company's staff to enable them work to meet the goals of the organization.
The company therefore needs to assess if the cost of the training will pay off in the long term by equipping staff with the skills needed. If this cost is too high for its benefits, the training program is abandoned.
In conclusion, option C is correct.
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What rate of return is required to have $100,000 in 10 years if you start saving $5,000 a year starting now
Answers
The rate of return required to have $100,000 in 10 years with an annual savings of $5,000 starting today is 11.43%.
What is the compound interest?The compound interest is the computed interest on an investment's principal plus all previously accumulated interests.
The rate for the compound interest can be computed using an online finance calculator as follows:
Data and Calculations:
N (# of periods) = 10
I/Y (Interest per year) = 11.43%
PV (Present Value) = $5,000
PMT (Periodic Payment) = $5,000
Results:
FV = $100,117.84
Interest per year = 11.43%
Sum of all periodic payments = $50,000 ($5,000 x 10 years)
Initial deposit = $5,000
Total Interest $45,117.84
Thus, the rate of return required to have $100,000 in 10 years with an annual savings of $5,000 starting today is 11.43%.
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As the game says, most borrowers only pay attention to the monthly payment when taking out a loan. Why do you think this is?.
Answers
A lot of borrowers only pay attention to the monthly payment when taking out a loan because they budget monthly.
Why do borrowers only pay attention to the monthly payment?A borrowers is known to focus on monthly payments as against the total cost of one's loan.
A monthly budget is known to be one that accounts for the money that is said to goes in and out of one's financial accounts in course of one month.
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1.1. define the following concept social change
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ANSWER:
Social change refers to any significant alteration over time in behaviour patterns and cultural values and norms. By “significant” alteration, sociologists mean changes yielding profound social consequences.
What two things should be included when summarizing?
1.Numbers
2.Main idea
3.Key points
4.Names
Answers
3. key points
Main idea and also Key points
Which option allows you to pool your money and invest in a portfolio with other
investors? (Select the best answer.)
a 529 plan
a 401(k) plan
an IRA account
a mutual fund
Answers
Answer:
a mutul fund
A mutual fund is a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt. The combined holdings of the mutual fund are known as its portfolio. Investors buy shares in mutual funds.
Explanation:
have a great day ahead ":)
Answer:
a mutul fund
Explanation:
value:
35.00 points
Problem 18-8 Completing a Ten-Column Work Sheet
The Trial Balance for River's Edge Canoe & Kayak, as of August 31, is listed below.
1. Prepare a ten-column work sheet for River's Edge Canoe & Kayak for the year ended August 31. The
totals will be automatically calculated.
(a) The cost of the ending merchandise inventory is $45,669.
(b) The cost of the supplies on hand on August 31 is $619.
(c) The one-year insurance premium of $1,680 was paid on April 1.
(d) The total federal income taxes owed for the year are $2,635.
River's Edge Canoe & Kay
Work Sheet
For the Year Ended August 3
Answers
It is to be noted that the following question below is about a Trial Balance. This is a type of reconciliation book in Financial Accounting.
What is a Trial Balance?
Please, note that the original worksheet is not attached, hence the general answer.
This, in financial accounting, refers to the statements or records of all credits and debits in a double-entry accounting book which includes all errors or disagreements between figures and accounts.
Usually, all debit and credit columns sums must and should be equal to show that the account has been balanced.
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money invested is usually used to do which of the following?
A. Purchase expensive items
B. Pay off loans
C. Achieve long-term goals
D. Pay for emergencies
Answers
It should be noted that money invested is to C. Achieve long-term goals
What is money?It should be noted that money is a means of exchange. It is required for our transactions.
When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.
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is Criminal investigator a venture?
thanks
Answers
Explanation:
Is there a private detective that the venture capital company contracts? Does it investigate the start fraud? Answer 5 SHART Redux Time Reports REQUEST PLUS REQUID TIME REPORTS can be far from this growth list. Have you ever been online and offline? Later below the procedure for reporting such incidents. 1 Answer  Paul Cohn, I made that VC answered on August 4, 2015. Risk capital Working process is very complete and it will be difficult to detect any kind of fraud. VC sometimes helps diligent using an external company. In general, VCs do not adopt private detective, but often use a company that verifies the background verification. Some of the background control companies may exceed recording recording, but can do a private research work as necessary, but it does not happen frequently (it has never disappeared so much disappeared). The records are considering the following: Confirmation of training for education A pre-employment confirmation is to find legal issues that participate in personal credit issues and find false statements of the contractor / administration team. With regard to your education and employment history, it may be possible to see if you have other legal and credit problems, do not disclose. It is very unusual to find a "fraud", but it is possible to make sure that VC asks entrepreneurs questions, and at least the contractor can confirm that all the company's product events fully advertise that you can find it. After the investment.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are common tasks performed by Film and Video Editors? Check all that apply. Marketing and selling movies and films to customers giving direction to actors to make sure they follow scripts organizing and stringing together raw footage into a whole determining the audio and visual effects and music needed reviewing assembled films or edited videotapes trimming film segments and reassembling segments.
Answers
Answer:
C D E F
organizing and stringing together raw footage into a whole
determining the audio and visual effects and music needed
reviewing assembled films or edited videotapes
trimming film segments and reassembling segments
Answer:
a, c, e
Explanation:
Rihana and her friends attend the opening day of Wild Water Country, a local water park attraction. Before riding the new Tornado Tunnel water slide, the steepest and scariest water slide in the park, Wild Water Country requires its customers to sign a waiver of liability which states that they know the risks involved in riding the Tornado Tunnel, and that Wild Water Country is not responsible for injuries that occur during the ride. Rihana signs the waiver and climbs to the top of the slide. As she begins her descent, however, the metal slide buckles under the weight of the riders. Rihana and several other riders are thrown from the slide and fall one hundred feet to their deaths. Rihana's parents sue Wild Water Country. Wild Water Country defends the lawsuit by stating they are not liable for any injuries because Rihana had signed a waiver of liability, and, therefore, she had assumed the risks associated with riding the water slide. Wild Water Country's defense will probably:___________.
i. be successful because Rihana assumed the risk of riding on the water slide.
ii. not be successful because companies cannot require their patrons to sign a waiver of liability.
c. not be successful, because Rihana did not assume the risk of the water ride collapsing.
d. be successful because companies can lawfully require their patrons to sign a waiver of liability.
Answers
Answer:
i say ii
Explanation:
Wild Water Country's defence will probably not be successful because companies cannot require their patrons to sign a waiver of liability. Hence, option B is correct.
What is meant by waiver of liability?An agreement that releases one party from duty for loss or damage is known as a liability waiver. The signatory party may incur expenses as a result of their participation in a gathering or activity.
Liability releases in Texas are often enforceable if they are written appropriately. For a waiver to be deemed fair under Texas law, among other things, the express negligence doctrine must be satisfied. being discernible.
The answer is that the Waiver is probably legal and will preclude harm lawsuits provided it is properly written and executed.
Thus, option B is correct.
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You sent a reinstatement application to the regulatory agency 75 days ago. You have not received a reply. At this point you should
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Now that 75 days have passed without a response to your reinstatement application to the regulatory agency, it would be prudent to take proactive measures to find out the status of your application.
Think about physically going to the regulatory agency's location. You will be able to speak with someone directly, inquire about the status of your application, and obtain any necessary updates or information by doing this.
To find out how your application for reinstatement is progressing, you can also call them. Ask for clarity regarding the status of your application while remaining courteous and professional.
It's usually a good idea to be proactive when dealing with official procedures like reinstatement applications, and both contacting and physically visiting are efficient ways to learn the information you require about the status of your application.
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Your complete Question was as follows:
You sent a reinstatement application to the regulatory agency 75 days ago. You have not received a reply, at this point: To get information about the letter you sent them, a reinstatement application, or a reinstatement, you should personally visit them at their office or give them a call.
In the short run, if average variable costs equal $60, average total costs equal $70, and output equals 100, the total fixed costs should equal.
Answers
The total fixed cost should equal $1000.
What is the total fixed cost?The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.
$70 - $60 = $10
Total fixed cost is the product of average fixed cost and output
100 x $10 = $1000
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When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in:.
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When frank sells a pie to jean instead of sarah, the economic value created in society is lower because of the difference in consumer surplus.
What is consumer surplus?Consumer surplus occurs when a consumer pays a price that is lesser for a goods than the actual price they are willing to pay for a product.
Difference in consumer surplus occurs because Frank now has more customers and he can now sell at a price lower than the consumer would pay.
Therefore, Frank sells a pie to jean instead of sarah,when the economic value created in society is lower because of the difference in consumer surplus.
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When talking about saving money, Anthony ONeal says, "Start paying yourself and
Answers
Answer:
“and get rich” I believe that’s the answer
Explanation:
Answer:
investing in your future
Explanation:
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What is the term for the total quantity of a specific good produced?.
Answers
Suppose that Sam, the owner of a 2015 Chevrolet Camaro, contracts with Ace Automotive Repair, Inc. in Racine, Wisconsin for the sale and installation of a new engine. Per the terms of the contract, the engine will cost $5,000, while the labor charge for the engine installation will cost $1,000. Which of the following is true?
A. Under the substantial performance doctrine, Article 2 of the Uniform Commercial Code (UCC) applies to this contract.
B. Under the predominant purpose test, Article 2 of the Uniform Commercial Code (UCC) applies to this contract.
C. Article 2 of the Uniform Commercial Code (UCC) does not apply to this contract, since the contract involves services (i.e., it does not just involve the sale of the engine, a good). Instead, federal contract law applies to this transaction.
D. Article 2 of the Uniform Commercial Code (UCC) does not apply to this contract, since the contract involves services (i.e., it does not just involve the sale of the engine, a good). Instead, Wisconsin (i.e., state) contract law applies to this transaction.
Answers
The TRUE statement about the contract between Sam, the owner of a 2015 Chevrolet Camaro, and Ace Automotive Repair, Inc. for the sale and installation of a new engine, is B. Under the predominant purpose test, Article 2 of the Uniform Commercial Code (UCC) applies to this contract.
What is the predominant purpose test?Under the predominant purpose test, the court assesses if the predominant purpose of the transaction is to sell the goods (engine) or to provide the service (installation).
Essentially, since the predominant purpose is to sell the engine, Article 2 of the Uniform Commercial Code applies.
The Uniform Commercial Code comprehensively covers all commercial transactions but not every aspect of commercial law. The subjects that are not covered are:
The sale of real propertyMortgagesInsurance contractsSuretyship transactions Bankruptcy.Thus, the TRUE statement about the contract between Sam, the owner of a 2015 Chevrolet Camaro, and Ace Automotive Repair, Inc. for the sale and installation of a new engine, is Option B.
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What is the only condition that a work must meet in order to be protected by copyright?.
Answers
Answer:
It must be an original expression.
Explanation:
Spice sells paprika for $9.00 per bottle. Variable cost is $2.43 per bottle and Spice's annual fixed costs are $825,000. The variable expense ratio for paprika is ______.
Answers
The variable expense ratio for paprika is 27%.
Variable expense ratioUsing this formula
Variable expense ratio=Variable cost/Selling price
Where:
Variable cost=$2.43
Selling price=$9
Let plug in the formula
Variable expense ratio=2.43/9×100
Variable expense ratio=27%
Inconclusion the variable expense ratio for paprika is 27%.
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The negative feeling that one should have made another purchase, consumption, or disposition decision than one actually did is referred to as _____.
Answers
Post-decision regret corresponds to the negative feeling that an individual should have made a different purchase decision than he actually did.
What causes post-decision regret?In a purchase process, the consumer looks for products and services that satisfy their needs. After the purchase is made, regret may arise if the product or service does not satisfy those needs.
Therefore, post-purchase decision regret can be related to a negative perception of the benefits of the product and its quality, for example.
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With huge amounts of money being invested in securities during the longest and biggest bull market in American history, who became involved in joining the feeding frenzy
Answers
It should be noted that when the biggest bull market was witnessed, the Golden Sach became involved in joining the feeding frenzy.
What is a bull market?It should be noted that a bull market means a condition of financial market where prices are expected to rise.
With huge amounts of money being invested in securities during the longest and biggest bull market in American history, Golden Sachs joined. They are simply an investment company and saw this as an opportunity to increase revenue.
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What is an organisation chart
Answers
Answer:
An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.
Explanation:
What time do tax refunds get deposited into bank account 2022.
Answers
Answer:
10 days
Explanation: hope this helps I thank this is it
Explain the main Features of AS-20 ?
Answers
Answer:
As per AS 20, when bonus shares are issued during the year, it should be calculated in the weighted average from the beginning of reporting period irrespective of the issue date. Therefore, the bonus issue is treated as if it had occurred prior to the beginning of the year 2010, the earliest period reported
Explanation:
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