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Crazy boy [7]
2 years ago
13

If a liability is classified as current, rather than noncurrent, the company's working capital will ______.

Business
1 answer:
My name is Ann [436]2 years ago
8 0

If liability is classified as current, rather than noncurrent, the company's working capital will <u>decrease</u>.

Legal responsibility is something someone or an agency owes, usually a sum of money. Liabilities are settled over time through the switch of financial benefits inclusive of cash, goods, or services.

Assets are the items your corporation owns that could offer destiny economic benefit. Liabilities are what you owe different parties. In brief, belongings are placed to cash in your pocket, and liabilities take cash out.

In economic accounting, legal responsibility is described as the future sacrifices of economic advantages that the entity is obliged to make to other entities due to past transactions or different past activities.

Learn more about the liability  here brainly.com/question/24130118

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Henry conducted a survey on an ad done by his company. In the survey, he asked people to evaluate the ad and state whether they
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3 years ago
Why would expanding the nation's communications network be considered an increase in wealth, while improving the education of it
Alla [95]
First of all because of the writable assets. Communication network can be considered as a infrastructure
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8 0
3 years ago
You are planning a store on a large lot. Your budget only allows for 800 linear feet of walls. What is the maximum square
Galina-37 [17]

Answer:

The correct solution is "40,000 sq/ft".

Explanation:

The given value is:

Feet of walls

= 800 ft

Sides,

= 4

Now,

The square store will be:

= \frac{800}{4}

= 400 \ ft

The max footage of square will be:

= 400\times 100

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8 0
3 years ago
Given the following information, determine the cost of the inventory at June 30 using the LIFO perpetual inventory method.
koban [17]

Answer:

Cost of Inventory at June 30 is $1,010

Explanation:

In LIFO the unit purchased at the last will be sold first. The earlier purchases will remain in the inventory. In this inventory system the cost of goods sold is based on the recent prices of the product.

June 1,     Beginning Inventory ( 42 x $20 )         $840

June 15,   Sales                          ( 34 x $20 )        ($680)

June 29,  Purchases                  ( 34 x $25 )         $850

Closing Inventory = ( ( 42-34 ) x 20 ) + $850 = $1,010

5 0
3 years ago
Calculate the net debt of the company based on the information below:
galina1969 [7]

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

Long-term interest bearing debt+Non-interest bearing liabilities)-Cash and equivalents

Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

Net debt=$29,500-$1,200

Net debt=$28,300

Therefore Net debt is $28,300

6 0
3 years ago
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