Fern purchased her home three years ago for $325,000. The home was recently appraised for $400,000 and
Fantastic news! We've Found the answer you've been seeking!
Question:
Expert Answer:
Answer rating: 100% (QA)
Solution The correct answer is 228000 Explanation Ferns net worth ... View the full answer
Posted Date:
Students also viewed these finance questions
-
EeZY Wear Limited, with its head-office located in Port Elizabeth, manufacture and sell fashionable beach and casual wear. The company has several branches countrywide, one of which is in Cape Town....
-
Claude purchased raw land three years ago for $1,500,000 to develop into lots and sell to individuals planning to build their dream homes. Claude intended to treat this property as inventory, like...
-
An asset was purchased three years ago for $120,000. It falls into the five-year category for MACRS depreciation. The firm is in a 35 percent tax bracket. Compute the following: a. Tax loss on the...
-
The strike price of a compensation option is generally set on the day the option is issued. On November 10, 2000, the CEO of Analog Devices, Jerald Fishman, received 600,000 options. The stock price...
-
Consider the following balance sheet of a wholesaler of children's toys: Gecko Toy Company Balance Sheet, December 31, 20X0 The following is a summary of transactions that occurred during 20X1: a....
-
A free liquid jet, as in Fig P3.152, has constant ambient pressure and small losses; hence from Bernoullis equation z + V2/ (2g) is constant along the jet. For the fire nozzle in the figure, what are...
-
Which of the following attributes in the Cash Receipts table (representing payments received from customers) would most likely be a foreign key? a. cash receipt number c. customer number b. customer...
-
Continental Insurance Co. issued a policy to cover shipments by Oakley Fertilizer, Inc. Oakley agreed to ship three thousand tons of fertilizer by barge to Ameropa North America in Caruthersville,...
-
Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 14,000 Accounts payable 16,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable...
-
The client, Mr. David Keys, would like to know what state law provides concerning the removal of a director from the board of directors of a corporation. Prepare an information letter to Mr. Keys...
-
Suppose you have two stocks in your portfolio, Max and Min. The expected return of Max is 20% and the expected return of Min is 10%. The standard deviation of Max is 40% and the standard deviation of...
-
What steps should an ethical leader take to protect the organization from risk? Which kind of threat is most detrimental to a nonprofits good standing in the community? Why do you believe this to be...
-
Schein and Van Maanen (2016) uses the term career anchors to refer to individual preferences regarding work. Do you believe dedication to a cause is still the primary reason people choose to work in...
-
If you believe faith- based nonprofits merit special consideration in competing for government support, what expectations of these organizations are justified in return? If you feel special...
-
Is the role of ethical or moral compass of the organization harder today than in the past for a nonprofit leader? Justify your position.
-
Based on the information provided in the featured case study, Youth Service Networks founder, Trevor Clinton, likely cannot be considered a servant- leader. Which of his actions seem most at odds...
-
1. Cans of soup are supposed to weigh exactly 16 oz. Inspectors want to develop process control charts. They take eight samples of five boxes and weigh them. They obtain the following data: (15...
-
If 2 5 9 - k 5 8 = 2 5 8 , what is the value of k?
-
Critics of advertising assert that it _________ average total costs while manipulating consumers tastes. However, if people are _________, this argument loses some of its force.
-
Why is advertising more important for the success of chains such as Chick-fil-A and Olive Garden than for the corner barbershop?
-
Define oligopoly.
Study smarter with the SolutionInn App