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Fantom [35]
2 years ago
10

How many days of working capital financing does midas need to obtain from other sources?

Business
1 answer:
Leni [432]2 years ago
3 0

39 days of working capital financing does midas need to obtain from other sources.

Working capital, often referred to as net working capital, is the difference between a company's current assets—such as cash, accounts receivable, stocks of raw materials and finished goods—and its current liabilities—such as accounts payable and the percentage of debt due within a year.

The difference between current assets and current liabilities determines how much quick cash the company has on hand or has to raise.

When there is a positive working capital balance, current assets are greater than current liabilities.

On the other side, a negative working capital balance shows that current obligations are greater than current assets.

To learn more about Working capital here

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1. If 18,000 units are produced and sold, what is the variable cost per unit produced and sold?
madam [21]

Answer:

See explanation section

Explanation:

The examples of variable cost per unit are as follows:

1. Direct Materials per unit;

2. Direct wages per unit;

3. Variable manufacturing overhead per unit;

4. Variable selling expense per unit;

5. Variable administrative expense per unit.

If all the expenses are given in accounting math, we have to add all the expenses per unit to determine the variable cost per unit.

According to the question, as there are 18000 units are produced and sold, we have to multiply the variable cost per unit by the total number of units.

6 0
4 years ago
Hurry plz answer
mojhsa [17]
The answer is B. homework
8 0
3 years ago
g In November and December 2017, Marigold Corp., a newly organized magazine publisher, received $79800 for 1,000 three-year subs
denpristay [2]

Answer:

$0

Explanation:

According to the revenue recognition principle, the revenue should be recorded when the service is delivered or it is recognized not when the cash is received

Therefore the amount of $79,800 would be the deferral and should be recorded from Jan 2018 when the subscription starts issued

Hence, no amount would be recognized

7 0
4 years ago
When a government establishes a marketable permit program to address environmental pollution, it is actually issuing a form of c
adoni [48]

A government is issuing a permit to pollute when its establishes a marketable permit program to address environmental pollution.

<h3>What is a marketable permit program?</h3>

This refers to a a program in which a city / state government issues permits allowing only a certain quantity of pollution such as water, noise, air pollution into the environment.

In other times, the permits to pollute can be sold or given to firms free and the pollution charge can also be a tax imposed on the quantity of pollution that a firm emits.

Hence, the government is issuing a permit to pollute when its establishes a marketable permit program to address environmental pollution.

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4 0
2 years ago
Q: The Chief Financial Officer (CFO) of a transnational company plans to build a new production site abroad. Choose all possible
musickatia [10]

Answer:

A)obtain a loan from a bank

C) use some of the company's profits

D) issue bonds

E) obtain a loan from another company

F)sell common stock

Explanation:

Financing a project refers to the process of sourcing or obtaining sufficient money to implement the project.  When a business plans a new project, it must think of where to get the finances to actualize it.

They are different sources of finances available to a business. These are the places where a company can obtain the money it requires. Paying out dividends is distributing profits to shareholders. The act of paying dividends does not bring in money but takes it away.  All the other options bring in money.

5 0
3 years ago
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