What are their total liabilities

Assignment Help Financial Management

Reference no: EM131959241

Janet and Jeff have a net worth of $25,000 and total assets of $150,000. If their revolving credit and unpaid bills total $2,200, what are their total liabilities?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131959241

Questions Cloud

Determine the current and predicted revenues : Janet Gilbert is director of a lab. She has some extra capacity and has contracted with some small neighboring hospitals to run some of their lab tests.

Explain the design of the adjacentrooms rectangular array : In your own words, explain the design of the adjacentRooms rectangular array. List each method header and briefly describe what that method does.

By how much has the dollar appreciated or depreciated : On January 1, 2007, the Mexican Peso/U.S. exchange rate was Ps 10.6250 = $1. By January 1, 2017, the exchange rate stood at Ps 19.1476 = $1.

How much will you pay in? interest : How much will you pay in? interest, and how much will you pay in? principal, during the first? month, second? month, and first? year?

What are their total liabilities : If their revolving credit and unpaid bills total $2,200, what are their total liabilities?

How much will be available in four years : On January 1, Alan King decided to deposit $60,700 in a savings account that will provide funds four years later to send his son to college.

Journalize the first interest payment : Journalize the first interest payment and the amortization of the related bond discount.

Prepare the journal entry to record the issuance of the bond : On January 1, a company issued 10-year, 10% bonds payable with a par value of $500,000, and received $442, 647 in cash proceeds.

What might a large value for this ration imply : How long on average did it take the company to pay off its suppliers during the year? What might a large value for this ration imply?

User Account

All Pages