You own stock worth an estimated $1 million in the LPL corporation. In addition, you have personal assets worth another $2 million. LPL becomes insolvent, with debts exceeding assets by S15 million. Your personal wealth will decline by​

Answers

Answer 1

Answer: $1 million

Explanation:

Your personal wealth includes your assets less your liabilities.

The stock ownership in LPL Corp. of $1 million is part of your assets. If LPL goes insolvent that means you lose $1 million in assets.

Your wealth will therefore reduce by $1 million.


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U.S. HomeFront World War I

What Social changes took places during the War?

Answers

Answer:

The Home Front saw a massive change in the role of women, rationing, the bombing of parts of Britain by the Germans (the first time civilians were targeted in war), conscientious objectors and strikes by discontented workers.

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