Answer:
The working capital for 2017 is $15,500
Explanation:
Working capital: It shows a difference between the currents and the current liabilities
In mathematically,
Working Capital = Current Assets - current liabilities
where,
Total current assets = Cash + short-term investments + net accounts receivable + merchandise inventory
= $46,500 + $24,000 + $57,000 + $158,000
= $285,500
And, the current liabilities = Accounts Payable + Salaries Payable
= $133,500 + $17,000
= $150,500
Now put these values to the above formula
So, the value would equal to
= $285,500 - $150,500
= $15,500
Answer:
Line
Explanation:
The line organization is the organization structure in which the authority and responsibility are communicated from the top to bottom level of management so that the proper coordination could be done at each level of management i.e top, middle and lower.
Moreover, it is a two ways lines of responsibility i.e to be communicated from high to low level of management. Plus it would be reported to one supervisor only
Answer:
It would be C. If this question has more than one answer, then it would be C & E
Explanation:
Answer:
$15,750
Explanation:
The computation of the net income reported by two methods is shown below:
= Income from Corporal + Non-controlling interest income
= $12,600 + $3,150
= $15,750
Or we can one thing also
= Income from Corporal ÷ acquiring percentage
= $12,600 ÷ 80%
= $15,750
All other information that is mentioned in the question is not relevant. Hence, ignored it
