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Lilit [14]
2 years ago
7

Raatz Corporation's total current assets are $370,000, its noncurrent assets are $660,000, its total current liabilities are $22

0,000, its long-term liabilities are $410,000, and its stockholders' equity is $400,000. Working capital is: Select one: a. $370,000 b. $150,000 c. $250,000 d. $400,000
Business
1 answer:
cestrela7 [59]2 years ago
3 0

Answer:

b. $150,000

Explanation:

The computation of the working capital is shown below:

= Total current assets - total current liabilities

= $370,000 - $220,000

= $150,000

We simply applied the above formula

And, the same is to be considered

Hence, the working capital is $150,000

Therefore the correct option is b. $150,000

All the other options are wrong.

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John, a line supervisor, has decided to increase Kerry's responsibilities by delegating more work to her station. what is the fi
melomori [17]
<h2>Clarify the assignment would be the first step john should take to increase Kerry's responsibilities.</h2>

Explanation:

Option A: If a new work is assigned or an additional work is assigned, it is necessary to first explain about the new responsibility and clarify about the assignment. This would ensure Kerry to continue the work smoothly.

Option B: Feedback is always welcome but this is not the first step to add responsibilities.

Option C: Notifying others is the responsibility of John and not Kerry. So this choice is invalid.

Option D: Accountability though it is mandatory comes only in the closure part.

7 0
2 years ago
In 2008, Betserai was a 10-year-old quintrillionaire living in Bulawayo, Zimbabwe. He was literally rolling in money. In fact, B
marishachu [46]

Answer:

C. Rapid rises in price levels made the Zimbabwean dollar near worthless in terms of purchasing power.

Explanation:

As in the given situation it is mentioned that 10 year old boy has the bill of billion dollar this represented that the country really printed the bill of billion dollar. It means that the attempt is to be done in order to print a currenct note of higher denomination that also represent that the country would increased such level also at the same time a big amount is required to purchased the goods and services.

Also the high denomination values would not consist of actual value as they have purchasing power i.e. negligible

4 0
2 years ago
Seller agrees to supply all gasoline fire needs for the next year three dollars per gallon. After three months the price of gas
vazorg [7]

Answer:

B. buyer must pay $2.33 per gallon for the rest of the year.

Explanation:

The correct answer is B. The seller agrees to supply gasoline for next year at $3 per gallon, the buyer agreed to it. When the gasoline prices declined the buyer insisted to reduce price and seller agreed to it. When the prices rise again the seller asked to raise price but buyer refused. Buyer cannot terminate the contract instead it has to continue buying at $2.33 per gallon if the seller is agreed to sell on this price for the rest of the year.

4 0
2 years ago
The balance in a company's Cash account on August 31 was $19,700, before the bank reconciliation was prepared. After examining t
SashulF [63]

Answer:

$17200

Explanation:

A balanced sheet is a statement of financial position that list the assets , liabilities and equities of an organization.

The items that affect the current asset (cash)balance in the balanced  sheet for the month  in the question are Cash book  balance , deposit outstanding and check outstanding.

Cash book balance   -           19700

Deposit outstanding -              1800

Less check outstanding -        (4300)

                                                17200

3 0
1 year ago
Tom oversees the logistics department for a holiday resort in Virginia. He has created a plan to bring in customers directly fro
Aloiza [94]

Answer:

agents

Explanation:

Tourism uses agents to commercialize the travel packages.

5 0
1 year ago
Read 2 more answers
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