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MrRa [10]
2 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]2 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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Alena hopes that a good outline will accomplish Which of the following for her
natka813 [3]

Answer:

D. Help her distinguish between main topics and subtopics.

Explanation:

During a presentation, a good outline helps to list out the main points of the presentation in an orderly and easily understood manner.

For Alena, during her presentation, she would hope that a good outline would help her to distinguish between the main topic and subtopics.

8 0
3 years ago
A growling sound is heard from the rear of a rear-wheel-drive vehicle during cornering only. Technician A says that defective re
NISA [10]

Answer: Technician A is correct.

Explanation:

Poor Wheel Bearings causes a car when driven to make noise when turning and it sounds like grinding. Bearings act like a cushion between an axle and the wheel. Due to the action of the bearings, they reduce to the barest minimum the friction between the two moving parts. That's why, a worn out wheel bearings leads to friction that causes the grinding sound when turning as the car bends.

In the case of the question the growling sounds are heard from the rear wheels, which increases the likelihood that faulty bearing is the rear ones.

6 0
3 years ago
During 2020, Desert Company introduced a new product carrying a two-year warranty against defects. The estimated warranty costs
tankabanditka [31]

Answer:

                 Estimated Warranty Liability December 31, 2020

                                                 Debit                                                 Credit

                                                                  Beginning balance          $0

Actual Warranty Expenditure $12,000    Estimated total cost of    $48,000

                                                                  Warranty $800,000*6%

Ending Balance                      $36,000

                                                $48,000                                             $48,000

                Estimated Warranty Liability December 31, 2020

                                                 Debit                                                 Credit

2021  Servicing Expense       $35,000    Beginning balance        $36,000

Ending Balance                      $61,000     Estimated total cost of  $60,000

                                                                  Warranty $1,000,000*6%

                                                $96,000                                             $96,000

So, the company should report an estimated warranty liability of $61,000 at Dec 31, 2021

3 0
2 years ago
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Answer:

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Explanation:

this question can be solve applying the concept of future value, as it is a zero interest or zero coupon it only, it means the bond does not pay money in the time, so

FV=PV*(1+i)^{n}

where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:

517,000=PV*(1+0.12)^{3}

solving we have PV=367,990

so the land value is 367,990 and the interest expenses are 517,000 - 367,990=149,010

3 0
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slega [8]

Answer:

job rotation

Explanation:

5 0
2 years ago
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