Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 5 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Oct 2017 My Price 4.00

actual spending

1. The Hamilton household has $145,000 in assets and $63,000 in liabilities. What is the family’s net worth?

 

2. Harold Daley budgeted $210 for food for the month of July. He spent $227 on food during July. Does he have a budget surplus or deficit, and what amount?

3. Net worth is determined by assets ($145,000) minus liabilities ($63,000), resulting in a net worth of $82,000.

4. The budget deficit of $17 is calculated by subtracting the actual spending ($227) from the budgeted amount ($210).

 

Answers

(5)
Status NEW Posted 04 Oct 2017 10:10 PM My Price 4.00

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