In order to reduce their debt, the Johnsons sold some real estate property valued at $165,000 for $143,000. They paid off a loan balance of $100,000 and put the rest in savings. Which of the following is a true statement?a. the johnsons increased their liabilities. b. the johnsons increased their liquid assets. c. the johnsons increased their net worth. d. the johnsons increased their use assets.
Answers: 3
Another question on Business
Business, 21.06.2019 19:00
What does the consumer price index measure? a. the change in prices of all goods and services over time b. the change in prices of specific goods and services over time c. the change in prices of final goods and services over time
Answers: 3
Business, 22.06.2019 00:20
Overspeculation and a decrease in consumer confidence are both leading factors of: ?
Answers: 1
Business, 22.06.2019 09:40
Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?
Answers: 1
You know the right answer?
In order to reduce their debt, the Johnsons sold some real estate property valued at $165,000 for $1...
Questions
Mathematics, 29.05.2021 19:10
English, 29.05.2021 19:10
Biology, 29.05.2021 19:10
English, 29.05.2021 19:10
Biology, 29.05.2021 19:10
Mathematics, 29.05.2021 19:20
History, 29.05.2021 19:20
Mathematics, 29.05.2021 19:20
Health, 29.05.2021 19:20
