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MrRa [10]
3 years ago
14

The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,205 and current liabilities of $9

65. The december 31, 2016, balance sheet showed current assets of $1,420 and current liabilities of $1,095. What was the company's 2016 change in net working capital, or nwc? (do not round intermediate calculations and round your answer to the nearest whole number,
e.G., 32.) change in net working capital
Business
1 answer:
devlian [24]3 years ago
8 0

Net working capital = total current assets - total current liabilities

Net working capital for 2015  = 1,205 -965 = 240

Net working capital in 2015 = $240

Net working capital for 2016 = 1,420-1,095 = 325

Net working capital in 2016 = $325

Change in working capital for 2016 = Net working capital in 2016 - Net working capital in 2015

Change in working capital for 2016 = 325 -240 = 85

Change in working capital for 2016 = $85

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If a firm has demographic and purchasing information about its customers, the firm can use data mining techniques to create mark
Mumz [18]

Answer:

Build separate marketing programs for different demographic segments.

Explanation:

If a firm has detailed information regarding the demographic and purchasing data of the clients that helps to arrange the product and services in a more concise level. More importantly, they can take that information and design marketing programs accordingly, and those marketing programs can be made to facilitate different marketing segments and target market.

8 0
3 years ago
The economic indicator that reflects activity of u. s. entities without regard to where the activity takes place is?
USPshnik [31]

The economic indicator that reflects the activity of the U.S. entitled without regard to where the activity takes place is GNP.

Gross national product (GNP) is an estimate of the total cost of all the final products and services grown to become out in a given duration via the way of production owned by a country's citizens.

Indicators of financial pastime financial signs consist of measures of macroeconomic performance (gross domestic product [GDP], intake, funding, and international alternate) and stability (central authorities' budgets, expenses, the cash supply, and the balance of payments).

Gross Domestic Product is essential as it offers records about the scale of the economy and the way an economy is performing. The increased price of actual GDP is often used as an indicator of the overall health of the economic system. In wide terms, growth in real GDP is interpreted as a sign that the economy is doing properly.

Learn more about Gross Domestic Product here brainly.com/question/1383956

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4 0
1 year ago
Fallsview Glatt Kosher Caterers ran a business that provided travel packages, including food, entertainment, and lectures on rel
inessss [21]

Answer: The Contract is valid.

Explanation:

Under the UCC’s Statute of Frauds, transactions above $500 for goods cannot be made orally alone and have to be written in writing as well. This is the law that Rosenfield relied on.

However, Fallsview can argue that the Passover Retreat is not a Good, but rather a Service in which case it does not fall under the Statute.

The main bone of contention thereby becomes, if indeed it is a service or a good.

If it is a Hybrid of both, then the Court needs to decide if the services outweigh the goods involved.

From the text we see that the following were included in the package, food, entertainment, and lectures on religious subjects.

Food is the only good there and is outweighed by Entertainment and lectures on religious subjects.

As such, the contract is valid as it is for more service than good.

4 0
3 years ago
Read 2 more answers
(a) which are higher, federal income taxes or state and local income taxes? (b) how much are total income taxes per capita?
victus00 [196]
What.......................
6 0
3 years ago
Accounts Receivable from sales to customers amounted to $80,000 and $70,000 at the beginning and end the year, respectively. Inc
Kipish [7]

Answer:

$332,000

Explanation:

<u>Cash flow from operating activities</u>

Net Income                                                                                  $252,000

Adjust for changes in working capital items :

Decrease in Accounts Receivable ($80,000 - $70,000            $80,000

Net Cash Provided by Operating Activities                              $332,000

Conclusion

the cash flows from operating activities to be reported on the statement of cash flows is $332,000

5 0
3 years ago
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