stock and Equity: Math Problems
A property is valued at $572,858. The mortgage balance is $392,396. What is the equity?
A. $160,786
B. $180,462
C. $214,656
D. $192,845
Appreciation:
Depreciation:
Increase in property value over time.
Decrease in property value over time
Revenue
What is the total money a company earns and is recorded as sales on a company's income statement.
A stock represents:
A share of ownership in a publicly traded company,
Debt Snowball
pay off the smallest balance first for momentum.
A property is worth $318,553. After paying down $22,971 on the mortgage, the balance is $204,196. What is the new equity?
A. $95,795
B. $114,357
C. $158,949
D. $130,209
Homeownership
is the state of owning a property, such as a house, rather than renting it.
Accounting Equation:
Assets = Liabilities + Equity.
Stock Price:
Price for ONE share of ownership
Debt Avalanche
pay off highest-interest debt first to save money.
4. Google has 5,871 shares outstanding, and each share is priced at $242. What is the total stock value of Google?
A. $1,343,982
B. $1,564,076
C. $1,420,782
D. $1,499,986
A security deposit is for:
Homeownership or Renting
Renting
Balance Sheet:
A statement of a company’s assets, liabilities, and equity at a specific point in time.
Bull market trend:
Bear market trend:
Rising stock prices
Declining stock prices
A credit score is a three-digit number, typically ranging from
300 to 850, that lenders use to assess your creditworthiness and the risk of lending you money
A property worth $343,878 appreciates by $16,587. The mortgage is $101,294. After 10 years the owner refinanced, and decreased the loan by $34,545. What is the new equity?
A. $288,933
B. $293,716
C. $259,171
D. $272,718
Which builds wealth?
Homeownership or Renting
Homeownership
Accounting
is the systematic process of recording, summarizing, analyzing, and reporting financial transactions
Liquidity:
How easily an asset can be bought or sold.
-How fast assets can be turned into cash.
The three major credit reporting agencies in the U.S. are:
Equifax, Experian, and TransUnion.
If a private company has 1000 shares outstanding.
You own 250 shares or 25% of ownership.
The company made $250,000 in profit. How much Profit money comes to you?
Your share of Profit is $62,500
$250,000
X
25% of ownership
__________________
$62,500
if i buy a house, for $200,000.
The house appreciated 120,000 in 5 years.
I rented the house for 1000 /month for 5 years.
How much money did i make in those 5 years?
TOTAL $180,000
$1000/month
x 12 months
x 5 years
__________
$60,000
+$120,000 in appreciation
__________
$180,000 total in profit
How you find Profit?
Profit equals?
Revenue
- expense
____________
Profit
Stocks are category by how many sectors?
Name 2
11 Sectors:
Financial, Information Technology, Real estate, Materials, industrials, Energy, Consumer Discretionary, Health care, Utilities, Consumer Staples, Communication services,
5 Factors that determine credit scores
payment history,
credit utilization,
length of credit history,
new credit,
credit mix.