Which of the following formulas is used to calculate personal net worth?

a. total debts - total assets

b. total assets total debts

c. total assets - total debts

d. liabilities - unpaid bills

On December 1, Campbell Co. borrowed $10,000 cash from Second Bank by signing a 90-day, 6% interest-bearing note. On December 31, Campbell accrued interest expense of $50. Campbell does not use reversing entries.

Sagan Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. July 11 Issued 3,000 shares of $100 par value preferred stock for cash at $106 per share. Nov.

Given the following data for Harder Company, compute cost of goods manufactured: Direct materials used $120,000 Beginning work in process $20,000 Direct labor 200,000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished

Jeff jones earns $1,200 per week. he is married and claims four withholding allowances. the social security rate is 6.2% on $118,500, and medicare is 1.45%. each paycheck, his employer also deducts $42.50 for health insurance.

Elsea Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost. Based on annual production costs for 25,000 units of product, computations for the sales price per clock follow.

Jane Almeda is interested in a 10-year bond issued by Roberts Corp. that pays a coupon of 10 percent annually. The current price of this bond is $1,174.45. What is the yield that Jane would earn by buying it at this price and holding it to maturity

In a recent year, BMW sold 217,044 of its 1 Series cars. Assume the company expected to sell 226,244 of these cars during the year. Also assume the budgeted sales price for each car was $26,000, and the actual sales price for each car was $26,300.

Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced managers.

1) Decide whether you would expect relationship between the following pairs of dependent and independent variables (respectively) to be positive, negative, or ambiguous. Explain your reasoning. a.

Deboer Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $179 Units in beginning inventory 100 Units produced 1,250 Units sold 1,010 Units in ending inventory 340