property. his equity is in mutual fund a. What is Robert's debt-to-equity ratio? (Round your answer to 2 decimal places.) Debt-to-equity ratio b. Has he reached the upper limit of debt obligations? Yes No
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- S Robert owns a $187,000 town house and still has an unpaid mortgage of $119,000. In addition to his mortgage, he has the following liabilities: Liabilities Visa MasterCard Discover card Education loan Personal bank loan Auto loan Total Robert's net worth (not including his home) is about $24,100. This equity is in mutual funds, an automobile, a coin collection, furniture, and other personal property. $ 595 527 399 994 838 5,170 $ 8,523 a. What is Robert's debt-to-equity ratio? Note: Round your answer to 2 decimal places. Debt-to-equity ratio b. Has he reached the upper limit of debt obligations? YesRobert owns a $140,000 townhouse and still has an unpaid mortgage of $110,000. In addition to his mortgage, he has the following liabilities: Visa $565 MasterCard 480 Discover card 395 Education loan 920 Personal bank loan 800 Auto loan 4,250 Total $7,410 Robert’s net worth (not including his home) is about $21,000. This equity is in mutual funds, an automobile, a coin collection, furniture, and other personal property. What is Robert’s debt-to-equity ratio? Has he reached the upper limit of debt obligations? ExplainArray intends to allocate her savings into various types of financial investments. She has $110,900 to invest in stocks, bonds, and mutual funds according to her chosen ratio 2 13 9 : 15 11 1 respectively. How much should she invest in each type of investment? Round your answers to the nearest dollar. Stocks: $ Bonds: $ Mutual Funds: $
- Array intends to allocate her savings into various types of financial investments. She has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen respectively. How much should she invest in each type of investment? Round your answers to the nearest dollar. 4 1 7 ratio : 3 9 11 Stocks: $ Bonds: $ • Mutual Funds: $Jace is trying to determine how to invest $1,234.56 that he inherited from his cousin Elijah. He has the following options at his bank. Certificate of Deposit that pays 4.25% simple interest.Savings Account that pays 3.95% compounded annually.How much will the CD be worth if he left the money untouched for 30 years? A) $2,808.66 B) $5,246.88 C) $4,303.23 D) $28,086.60Array intends to allocate her savings into various types of financial investments. She has $184,100 to invest in stocks, bonds, and mutual funds according to her chosen 10 2 10 ratio 779 investment? Round your answers to the nearest dollar. Stocks: $ Bonds: $ respectively. How much should she invest in each type of Mutual Funds: $
- Nelson has been working for few years and earnings $42,000 per annum. He would like to save some of his money for his wedding. He has shortlisted his choices to the following fixed deposits: i) Maybank Fixed Deposit (interest rate for 12months: 1.85%, 36months: 1.90%) ii) Public Bank eFixed Deposit (interest rate for 12months: 1.85%, 36months: 1.85%) You are required to calculate his fixed deposits account balance as at 31 December 2023 in both banks and state your recommendation with justification based on the following conditions: a) he deposits $5,000 on 1 January 2021 and hold for three years until 31 December 2023. b) he deposits $2,500 on 1 January 2021 and 1 January 2022. c) he deposits $1,000 on 1 January 2021, $1,500 on 1 January 2022 and $2,500 on 1 January 2023. Note: You are required to calculate the amount in his account after three years based on the above chosen banks latest interest rateA mother wants to invests 9,000.00 for her sons future education she invests a portion of the money in the bank certificate of deposit (CD account) which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is 540.00 how much money was invested in the CD accSue has $50,000 in her checking account at Small Bank and $150,000 in a savings account at Big Bank. What is the total amount of FDIC insurance she has on these two accounts?
- Fred’s net worth is shown in the table below. Assets are positive numbers and liabilities are negative numbers. If Fred’s net worth is $74,000 how much does he owe in credit card debt?Sean is in the business of buying and selling stocks and bonds. He has a bond of Green Corporation for which he paid $200,000. The bond is currently worth only $50,000. Discuss whether Sean can take $150,000 loss for a business bad debt or for a worthless security.A mother wants to invest $8 comma 000.00 for her son's future education. She invests a portion of the money in a bank certificate of deposit (CD account) which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $ 480.00 comma how much money was invested in the CD account? The total interest earned after one year is $480.00 . How much money was invested in the CD account?
