Use the following data: Investment Assets at Year End $170,000 Investment Assets at Beginning of Year $125,000 Savings $25,000 Employer Match to 401(k) $4,800 Gross Income $120,000 Total Assets at Year End $650,000 Total Assets at Beginning of Year $610,000 Total Liabilities at Year End $235,000 Total Liabilities at Beginning of Year $240,000 What was the return on net worth for the year

12.16%

Explanation:

Return on investment is used to know how efficient and investment is. Based on the information given in the question, the ROI will be:

ROI = [ending value of investments - (the beginning investment value + savings)]/ the beginning investment value

= $170,000 - ($125,000 + $25000 + $4800)/$125,000

= $170,000 - $154800/$125,000

= $15,200/$125,000

= 0.1216

= 12.16%

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; automated fingerprint;