1. Based on the information given, what is the Worthington Family's net worth? Will they qualify for the loan?

1

Net worth:

Will they qualify for the loan? (yes or no)

Answers

Answer 1

Question Completion:

The Worthington family has liquid assets of $10,000, use assets of $150,000 and investment assets of $34,000. They also have liabilities totaling $108,000. They need a loan from the bank and to qualify for the loan, they must have a net worth of $100,000.  They will incur additional $7,000 in liabilities.

Answer:

1. The Worthington Family's net worth is:

= $79,000.

2. No. They will not qualify for the loan, as their net worth fell short of the requirement by $21,000.

Step-by-step explanation:

a) Data and Calculations:

Worthington Family's net worth:

Liquid assets =                      $10,000

Use assets =                         150,000

Investment assets =              34,000

Total assets =                    $194,000

Liabilities =                            115,000

Net worth =                         $79,000

Required net worth =       $100,000

Shortfall in net worth =      $21,000

b) The Worthington Family's net worth is the difference between their assets (the things that they own) and their liabilities (the things that they owe others).  It is an important financial metric for calibrating the family's financial health.  Computing it provides a useful snapshot of the family's current financial position.  Financial institutions and other potential creditors use it to gauge if they might extend some credit facilities to the Worthington family.


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3,270 meter/ 1000 meters per km = 3.27 km

They swam 3.27 km

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Answer:

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Step-by-step explanation:

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Answer:

Step-by-step explanation:

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Answer:

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Gun rights vs. gun control: In a December 2014 report, "For the first time in more than two decades of Pew Research Center surveys, there is more support for gun rights than gun control." According to a Pew Research survey, 52% of Americans say that protecting gun rights is more important than controlling gun ownership. Gun rights advocates in a conservative city believe that the percentage is higher among city residents.
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Answers

Answer:

The right answer is "z = 3.68".

Step-by-step explanation:

Given that,

p = 52%

or,

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Now

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A spinner is made of three equal sections blue green and red if I spend spend 180 times how many times I expect to get red as outcome

Answers

60 times

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√m-7=n+3

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Answers

Answer:

m= n² + 6n + 16

Step-by-step explanation:

i hope it helps

Answer:

m= n² + 6n + 16

Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

3253 maybe ( I am honestly not sure either)

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Answer:

Step-by-step explanation:

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please help NO LINKS


Asia Durr is practicing her free throws for the upcoming season. She took 12 shots and made 9 shots. Predict how many free throws Asia Durr would make if she took 72 shots in the season.​

Answers

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Answers

Answer:

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Step-by-step explanation:

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N
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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

down-payment would $75000 so minus it from $375000 to get the mortgage

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Step-by-step explanation:

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If it is helpful t

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Answer:

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Answer:

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Step-by-step explanation:

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Answers

Answer:

A. 34cm

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answers

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Answers

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Step-by-step explanation:

Answer:

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Step-by-step explanation:

Stole the picture off a website (which can not be named here lol)

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Answers

Answer:

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Step-by-step explanation:

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Step-by-step explanation:

The Pythagorean Theorem says that in a right triangle,

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Answer:

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Step-by-step explanation:

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Answer:

see below

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the graph shows the roots of the polymonimal to be

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https://brainly.com/question/11624077

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

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Solution:

Elijah:
inches

Lorie:
inches
NO LINKS

Answers

Answer:

Answers below

Step-by-step explanation:

Marion: 42 inches

Elijah: 38 inches

Lorie: 57 inches

Convert each to inches and solve.

Hope this helps!

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