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2 years ago

Net operating working capital is equal to operating current assets minus operating current liabilities.

1 answer:

8 0

Net operating working capital (NOWC) is the excess of working current belongings over running present-day liabilities.

Running capital, additionally called net running capital, represents the difference between an organization's modern-day property and cutting-edge liabilities. working capital is a measure of an employer's liquidity and quick-time period economic health.

Operating working capital focuses more on operations, while net running capital looks in any respect for property and liabilities. net working capital is more comprehensive because it represents the cash and other cutting-edge property a corporation has every day daily running and growing its enterprise.

Internet running capital is an economic metric that gauges the difference between an employer's non-interest-bearing running belongings and its non-hobby charging running liabilities.

Learn more about working capital here: brainly.com/question/26214959

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If you have a credit card with 12.99% APR that compounds daily, what is the effective

gregori [183]

Answer: 13.87%

Explanation:

Effective interest rate is calculated by the formula:

= (1 + APR / Number of compounding periods)) ^ Number of compounding periods - 1

Number of compounding periods = 365 days in a year

= (1 + 0.1299/365) ³⁶⁵ - 1

= 0.138688

= 13.87%

3 0

3 years ago

A company uses a process cost accounting system. The following information is available regarding direct labor for the current y

Serhud [2]

Question:

A company uses a process cost accounting system and the weighted average method for inventory costs. The following information is available regarding direct labor for the current year:

goods in process, January 1 5,500 units 80% complete

goods in process December 31 8,800 units, 40 complete

units completed and transferred 46,900 units

to finished goods

direct labor costs during the year $266,300

(a) Calculate the equivalent units of production for direct labor for the year.

(b) Calculate the average cost per equivalent unit for direct labor (round to the nearest cent).

Answer:

Total equivalent unit= 41,040 units

Cost per equivalent units=$ 6.48

Explanation:

Equivalent units

Item Units Equivalent unit

Transferred out 46900× 80% = 37,520

Closing inventory 8,800 × 40% = 3,520

Total equivalent unit 41,040

Cost per equivalent units

Cost per equivalent units = Total labour cost/ total equivalent unit

= $266,300 / 41,040 units =$ 6.5

Cost per equivalent units=$ 6.5

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3 years ago

Fred must have licensure in order to work as a Barber in New York State. When Fred proves that he has the training and skills ne

IgorC [24]

Answer: the body governing control on business

Explanation:

The body responsible for issuing of tax in most countries and cities differs, in most cities an organization could be set up to monitor different business or a specific business or the state government of that city may stand up for such responsibility. It all depends on the state.

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4 years ago

The wars in Iraq and Afghanistan have __ some sectors of the U.S. economy such as those that manufacture arms, but has __ growth

viktelen [127]

It should be noted that wars in Iraq and Afghanistan have benefited some sectors of the U.S. economy such as those that manufacture arms, but has decreased growth in others such as tourism.

Wars in Iraq and Afghanistan serves as one of the descruction war in Iraq, where many lost their lives, however, US benefited from this because US manufactures ammunition.

Therefore, wars in Iraq and Afghanistan have benefited some sectors of the U.S. economy.

Learn more about war in Iraq at;

brainly.com/question/12420197

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3 years ago

Encouraging customers to switch brands is most likely the objective of

noname [10]

An advertisement. Advertisements are always trying to get you to switch brands.

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3 years ago