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madam [21]
2 years ago
12

Red Roofs, Inc. has current liabilities of $24,300 and accounts receivable of $7,800. The firm has total assets of $43,100 and n

et fixed assets of $23,700. The owners' equity has a book value of $21,400. What is the amount of the net working capital
Business
1 answer:
Bezzdna [24]2 years ago
8 0

The amount of the net working capital is -$4,900

Net working capital = $43,100 - $23,700 - $24,300 = -$4,900

What is the meaning of net working capital '?

The net working capital of a corporation is the difference between short-term assets and short-term liabilities (NWC). Positive net working capital indicates that a business has paid its debts and has funds left over to invest in other operational needs, which is fantastic.

Why is net working capital important?

Net working capital is significant because it provides insight into a company's liquidity and determines if it has sufficient funds to meet its immediate obligations. If the net working capital number is zero or higher, the company can meet its immediate obligations.

Learn more about net working capital: brainly.com/question/21852402

#SPJ4

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Three Waters Co. is a small company and is considering a project that will require $700,000 in assets. The project will be finan
lidiya [134]

Answer:

15.00%

Explanation:

The formula to compute the return on equity is shown below:

Return on equity = (EBIT × 1 - tax rate) ÷ (total equity)

                            = ($140,000 × 0.75) ÷ ($700,000)

                            = ($105,000) ÷ ($700,000)

                            = 15%

It shows a relationship between the earning after tax and total equity in respect of assets required for the project so that the accurate return can come

8 0
3 years ago
Read 2 more answers
A characteristic of FICA is that:
stepladder [879]

Answer:

The correct answer is letter "A": None of these.

Explanation:

The Federal Insurance Contributions Act (FICA) is a U.S. law that requires a paycheck deduction to be paid to Social Security and Medicare. Employers and employees share half the payments. Self-employed people are responsible for the entire tax amount.

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3 years ago
In which step of the nursing process does the nurse determine the outcome of medication administration? group of answer choices
laiz [17]

The right Response is Option B i.e

B. <u>Evaluation</u>

The steps of the nursing process include assessment, nursing diagnosis, planning, intervention, and evaluation. These five steps are used cyclically and repeatedly during patient care. The sequence must be followed from start to finish to ensure that the needs of the patient are addressed.

<u>Steps/Phases of the Nursing Process:</u>

  1. Assessment
  2. Diagnosis
  3. Outcome Identification
  4. Planning
  5. Implementation
  6. Evaluation

To learn more about Nursing Process, click the links.

brainly.com/question/8887891

brainly.com/question/14555445

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Correct Question - In which step of the nursing process does the nurse determine the outcome of medication administration?

A. Planning

B. Evaluation

C. Assessment

D. Implementation

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Answer:

IT'S D

Explanation:

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The key factor that kept the Copernican is that Roman Catholic Church had decided that earth was the center of the universe and contrary opinions were heresy. The Copernican also proposed that a heliocentric system had decided the the Earth is the center of the universe and all of the contrary opinions regarding this was false.
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