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Zarrin [17]
1 year ago
8

Assume the following data: total current assets = $852; total current liabilities = $406; long-term debt = $442. calculate net w

orking capital.
Business
1 answer:
igor_vitrenko [27]1 year ago
3 0

Total current assets = $852;

Total current liabilities = $406;

Long-term debt = $442.

net working capital  is $446.

<h3>What is the net working capital formula?</h3>

Net working capital = current assets (less cash) – current liabilities (less debt)

<h3>What is the difference between net working capital and working capital?</h3>

When it comes to business finance, the terms "working capital" and "net working capital" are often used interchangeably. However, there is a big difference between the two concepts. Working capital is a measure of a company's short-term liquidity, while net working capital is a measure of a company's overall liquidity.

To lean more about net working capital, refer

brainly.com/question/26214959

#SPJ4

Complete Question is,

A. $446

B. $852

C. $410

D. $4

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on september 1, best company began a contract to provide services to dilwood company for 6 months, with the total of $10800 paym
Lelu [443]

Answer:

Fee Receivable$7,200

             To Service Fees Earned $7,200

(Being the service fess earned is recorded)

Explanation:

Th adjusting entry is shown below:

Fee Receivable$7,200

             To Service Fees Earned $7,200

(Being the service fess earned is recorded)

For recording this we debited the fees receivable as it increased the assets and credited the services fees earned as it increase the revenues

Since the payment is made for 6 months but we have to recorded for 4 months i.e computed from September 1 to December 31

= $10,800 × 4 months ÷ 6 months

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7 0
3 years ago
Silver fire electric inc. , a u. s. -based company, has productive activities in more than two countries. Silver fire electric i
telo118 [61]

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6 0
2 years ago
More and more companies have adopted written codes of ethics. Although these codes vary greatly, they can be put into two catego
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Answer:

Ethics Code and Features

                                                      Ethics Codes

Features  Integrity- Based Ethics                Codes Based Ethics Codes

Ideal:          Accountability, decision            Education, reduced employee

                  processes, controls                   discretion

Objective: Enable responsible employee  Avoid criminal misconduct

                 conduct

Leader:     Managers                                   Lawyers    

Methods: Conform to outside standards   Conform to outside standards

               and chosen internal standards    

Explanation:

Codes of ethics refer to the governing principles and expectations that regulate the behavior of individuals and organizations in the conduct of their professional responsibilities and business activities.  Two broad categories have been identified for written codes of ethics.  They are compliance-based (rules-based) codes and integrity-based (principles-based) codes.  Rules-based or compliance-based codes emphasize prevention, while principles-based or integrity-based codes provide guidance.

7 0
3 years ago
Consider the borrowing rates for Parties A and B. A wants to finance a $100,000,000 project at a FIXED rate. B wants to finance
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Answer:

party A will pay floating rate while party B will pay fixed rate

Explanation:

For A

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For B

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Received floating rate = prime 1%

For a mutually beneficial interest only swap that makes money for A,Band the swap bank in equal measure, the party A will pay floating rate while party B will pay fixed rate

4 0
3 years ago
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