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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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Pega if report is created in myco-hr-selfservice-work, what instances will the report return?
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Since a subclass can inherit the variables or methods of the superclass, the instances which the report will return is: B. MyCo-HR-SelfService-Work-TimeOff and MyCo-HR-SelfService-Work-Expense.

<h3>What is a class?</h3>

A class can be defined as a user-defined blueprint (prototype) or template that is typically used by software programmers to create objects and define the data types, categories, and methods that should be associated with these objects.

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Since a subclass can inherit the variables or methods of the superclass, the instances which the report will return is "MyCo-HR-SelfService-Work-TimeOff and MyCo-HR-SelfService-Work-Expense" because they are declared within the class group.

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Complete Question:

Consider the following Work-derived classes that belong to the same class group:

MyCo-HR-SelfService-Work

MyCo-HR-SelfService-Work-TimeOff

MyCo-HR-SelfService-Work-Expense

There are no instances of MyCo-HR-SelfService-Work.

If a report is created in MyCo-HR-SelfService-Work, what instances will the report return?

Group of answer choices.

A. MyCo-HR-SelfService-Work-TimeOff and MyCo-HR-SelfService-Work-Expense, only if the "Report on Descendant Class Instances" checkbox is selected

B. MyCo-HR-SelfService-Work-TimeOff and MyCo-HR-SelfService-Work-Expense

C. No records

D. Instances of all Work- derived classes

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Given:
salary: <span>$10.50 an hour
25 hours a week

expenses:
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car insurance: $1,200/yr
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Wages: 10.50 per hour * 1,300 hours/year = $13,650 Gross salary per year
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Net salary:         10,920
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</span>
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Answer:

d. credit to Salaries Payable for $8,600

Explanation:

<em>The journal entry would be as follows.</em>

Magnum Company

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Social Security & Medicare taxes withheld      900 Credit

Salaries Payable                                               $8,600 Credit

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