answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tigry1 [53]
1 year ago
11

Swinnerton Clothing Company's balance sheet showed total current assets of $2,250, all of which were required in operations. Its

current liabilities consisted of $575 of accounts payable, $300 of 6% short-term notes payable to the bank, and $145 of accrued wages and taxes. What was its net operating working capital that was financed by investors?
Business
2 answers:
nevsk [136]1 year ago
6 0

Answer: $1,530

Explanation:

It's net working capital that was financed by investors include the following figures,

Total current Assets.

Accounts Payables and Accrued wages need to be deducted because they came about as a result of operations and are neither of debt or equity financing so are considered free.

So, in calculating we have,

= 2,250 - 575 - 145

= $1,530

Swinnerton Clothing Company's net operating working capital that was financed by investors is $1,530

DanielleElmas [232]1 year ago
5 0

Answer:

$1,530

Explanation:

This can be calculated as follows:

Details                                                                             Amount ($)

Total current assets                                                              2,250

Accounts payable                                                                    (575)

Accrued wages and taxes                                                    <u>   (145)    </u>

Net operating working capital financed by investors     <u>  1,530    </u>

Therefore, Swinnerton Clothing Company's net operating working capital that was financed by investors is $1,530.

You might be interested in
A monopolistic seller of rare oriental rugs discovers that 60% of the population is willing to pay $1,000 for a rug. The remaini
____ [38]

Answer:

Option "D" is the correct answer to the following statement.

Explanation:

In this situation seller is a monopolist, he would charge the highest amount for his Goods or service, 40% of the total population will pay $2,000 for particular goods and services.

He is a monopolistic seller, so people will have to buy and Consume particular goods from him.

Profit For each beg should be highest if he sells his item at $2,000 each

Total Profit = Sales price - Cost

= $2,000 - $600

= $1,400  

4 0
2 years ago
An LCD screen is purchased to be used in the manufacturing of a digital watch. The standard price for the LCD screen used is $40
GenaCL600 [577]
The answer would be
7 0
1 year ago
A risk premium is a measure calculated to reflect the riskiness of future profits. Subtracted from the discount rate when calcul
kirill [66]

A risk premium is a measure calculated to reflect the riskiness of future profits. is The metric denotes the difference between the expected return on a market portfolio and the risk-free rate. The value of a firm is larger the lower is the risk premium used to compute the firm's value.

5 0
1 year ago
After years of customer feedback, Bank of Bux is finally going paperless. The bank's communications team promoted the strategy b
swat32

Answer:

2) an area where the firm can contribute to the green effort, as well as cut costs.

Explanation:

Banks and most private companies are continually looking for ways to reduce costs so that they can make larger profits. In this case, the bank will probably cut some costs by not using paper anymore.

The fact that it can be seen as a green effort is a plus to the cost saving. Green efforts are usually heavily publicized, even more if it's a bank. Banks usually have bad reputations so whatever makes them look good, and better if it's free (or in this case they even save money), just suits them perfectly.

4 0
1 year ago
Read 2 more answers
Peter is the vice president of accounting and finance. For the past year he has solely provided the resources necessary to get t
Wewaii [24]

Answer:

This project is failing <u>organizational</u> feasibility analysis.

Explanation:

Organizational feasibility analysis is conducted to determine whether a proposed business has sufficient management expertise, organizational competence, and resources to successfully launch its business.

8 0
1 year ago
Other questions:
  • The idea for "price profit," an app that businesses can use to track their revenue, profit, and payroll, is protected by
    9·2 answers
  • Presented below are the production data for the first six months of the year for the mixed costs incurred by Gallup Company. Mon
    11·1 answer
  • Mae Refiners, Inc., processes sugar cane that it purchases from farmers. Sugar cane is processed in batches. A batch of sugar ca
    11·1 answer
  • A society can produce two goods: donuts and beer. The society's production possibility frontier is negatively sloped and "bowed
    7·1 answer
  • On June 30, a company provides $900 of services to customers on account. It usually takes the company one week to mail bills to
    11·1 answer
  • A fast-growing form of foreign direct investment is sovereign wealth funds (SWFs). Why do these investments by governments with
    12·1 answer
  • Suppose a museum charges different entrance fees for children, students, adults and seniors, but these groups all pay the same a
    5·1 answer
  • At XYZ Corp., the master schedule reflects the fact that 50 percent of its output is product version A, 30 percent is version B,
    12·1 answer
  • Jones Manufacturing sent Blue Company an invoice for equipment with a list price of $10,000. The invoice is dated July 27 with t
    15·1 answer
  • The main reason for considering nonconstant growth in dividends is to allow for _____ growth rates over _____.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!