1answer.
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
dusya [7]
2 years ago
12

Assume a project will increase inventory by $61,000, accounts payable by $28,000, and accounts receivable by $36,000. what is th

e initial net working capital requirement for this project?
Business
1 answer:
masha68 [24]2 years ago
8 0

The initial net working capital requirement for this project exists $69,000.

<h3>What is meant by net working capital?</h3>

The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).

The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.

net working capital requirement = $61,000 − 28,000 + 36,000

net working capital requirement = $69,000

The initial net working capital requirement for this project exists $69,000.

To learn more about net working capital refer to:

brainly.com/question/26214959

#SPJ4

You might be interested in
Action Shoes is a company that manufactures shoes. It has a lot of competitors in the market. However, it only builds its streng
shtirl [24]

Answer:

Nature of rivalry

Explanation:

In this context, rivalry represents a situation in which people, businesses, compete with each other for the same thing or market.

Action shoes has a lot of competition in the market, understanding the nature of rivalry implies that they know how to contend with their competitors.

Sometimes this may be called having or knowing your competitive advantage over your competitors.

7 0
3 years ago
The campus bookstore sells a campus mug for ​$10. When you buy a second campus mug​, ​however, its price is only ​$6. How does t
masya89 [10]

Answer:

Marginal utility is the benefit of consuming additional unit of a product and it is inversely proportional to price.

Explanation:

Utility is the satisfaction derived from consuming a particular product.

As consumption continues, marginal utility is the benefit of consuming additional units of the product. Marginal utility reduces as consumption increases.

So the consumer is less willing to buy at current price. However the consumer will be more willing to buy more at a reduced price.

The campus bookstore is using the knowledge of this by selling the first mu for $10 and subsequent one for $6. The consumer will still be willing to buy at the reduced price.

5 0
3 years ago
_____ offer goods to business customers. These business customers are too small to merit a sales call from the distributor s rep
Neporo4naja [7]
The answer is D. Cash and carry wholesalers

This type of business usually doesn't need to make any sales call because customers usually come, pay, and carry the product by themselves

Example of cash and carry wholesalers : Walmart , Carefour, Lotte, 
5 0
3 years ago
Why is it important to file your income taxes before tax day? provide two reasons.
Lana71 [14]

Answer:

There are several reasons to complete tax returns early rather than waiting until Tax Day: More accurate returns potentially resulting in larger refunds. Less competition for appointments with tax preparers. More time to plan for tax payments. Less chance of tax fraud.

Explanation:

:) DO YOUR TAXES!!! lol

8 0
2 years ago
Read 2 more answers
Managers should _______ in order to empower them, to lead for competence.
kaheart [24]
A is the answer to this question
7 0
3 years ago
Other questions:
  • Stanford Rosenberg Computing wants to establish an assembly line for producing a new product, the Personal Digital Assistant (PD
    10·1 answer
  • Gessner LLC patented a process it developed in the current year. The patent is expected to create benefits for Gessner over a 10
    10·1 answer
  • Sam and sadie charge people to park on their lawn while attending a nearby craft fair. at the current price of $10, eight people
    7·1 answer
  • why does the study state that " unless you are sleeping, it is almost impossible not to be communicating"?
    13·2 answers
  • Which act prohibits an employer from paying an employee of one gender less money than an employee of the opposite gender where t
    15·1 answer
  • What is one of the major problems with working at home?
    6·2 answers
  • Armour, Inc., an advertising agency, applies overhead to jobs on the basis of direct professional labor hours. Overhead was esti
    5·1 answer
  • Selected sales and operating data for three divisions of different structural engineering firms aregiven as follows: Division A
    15·1 answer
  • true or false a task performed every other month has a higher initiating event frequency than a task performed every week
    13·1 answer
  • Someone who enjoys the benefits of a good or service without paying any of the costs is referred to by economists as a _________
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!