Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 24, 2024

given the following account balances , calculate the company's net working capital? cash $2000 accounts receivables $12,000 inventory $36,000 accounts payable $9,000 short term notes

given the following account balances , calculate the company's net working capital?

cash $2000 accounts receivables $12,000 inventory $36,000 accounts payable $9,000 short term notes $4,000 current portion of long term debt $3,000

a. $34,000 b. $46,000 c. $22,000 d. $30,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting

Authors: Vanderbeck

13th Edition

0324191693, 978-0324191691

More Books

Students also viewed these Accounting questions

Question

★★★★★

The boiling temperature of water TB at various altitudes his given in the following table. Determine a linear equation in the form TB = mh + b that best fits the data. Use the equation for...

Answered: 1 week ago

Question

★★★★★

Disposal of fixed asset OBJ. 3 Equipment acquired on January 6, 2013, at a cost of $425,000, has an estimated useful life of 16 years and an estimated residual value of $65,000 a. What was the annual...

Answered: 1 week ago

Question

★★★★★

26. You have two opponents with whom you alternate play. Whenever you play A, you win with probability pA; whenever you play B, you win with probability pB, where pB > pA. If your objective is to...

Answered: 1 week ago

Question

★★★★★

Actual demand for a product for the past three months was Three months ago ............. 400 units Two months ago ............. 350 units Last month ............. 325 units a. Using a simple three-...

Answered: 1 week ago

Question

★★★★★

Print Item Inventory Analysis The following data were extracted from the income statement of Keever I Current Year Previous Year Sales $1,080,400 $1, 130,000 Beginning inventories 63,384 3,924 Cost...

Answered: 1 week ago

Question

★★★★★

Assets and costs are proportional to sales, Debt and Equity are not. A didvidend of $1560 was paid and the company wishes to maintain the constant didvidend pay out ratio. Next year sales are...

Answered: 1 week ago

Question

★★★★★

In a survey of 1050 U.S. adults, 588 said that chocolate was their favorite ice cream flavor. Construct a 95% CI for the population proportion of U.S. adults who say chocolate is their favorite ice...

Answered: 1 week ago

Question

★★★★★

7. You elect extended payment of a student loan at 4.14% APR, and your monthly payment is $493.11. What would your monthly payment be on this loan if you elected standard repayment instead?

Answered: 1 week ago

Question

★★★★★

Assumingthatthecodegeneratorpolynomialis g ( x )=1+ x 2 + x 3 fora(7,4)code,findthelinear block code generator matrix G and the parity check matrix H .For a message m = 1011find the transmitted code...

Answered: 1 week ago

Question

★★★★★

Imperial Jewelers manufactures and sells a gold bracelet for $189.95. The company's accounting system says that the unit product cost for this bracelet is $149.00 as shown below: Direct materials...

Answered: 1 week ago

Question

★★★★★

What are domestic and/or international attention due to Parkes Elvis festival media coverage?

Answered: 1 week ago

Question

★★★★★

plan how to achieve impact in practice from your research;

Answered: 1 week ago

Question

★★★★★

take courage and go public with your work in order to share your learning;

Answered: 1 week ago

Question

★★★★★

communicate your research to non-academic audiences in an impactful and credible way.

Answered: 1 week ago

Previous Question Next Question