Answer:
$14 million
Explanation:
Operating working capital = Operating current assets - Operating current liabilities
Operating working capital = $20 million - $6 million
Operating working capital = $14 million
The total net operating capital that XYZ, Inc. has is $14 million
In studying for her real estate license, Elise is reading about police power. he term "police power" refer to in real estate refers to The government's authority under the Constitution to place limits on individual freedom in the name of protecting the public health, safety, and welfare. This is further explained below.
<h3>What is
police power?</h3>
Generally, police power is simply defined as the authority granted to the state by the Constitution to impose reasonable restrictions on individuals or businesses for the public's protection and good.
In conclusion, When it comes to subdividing property, the police have complete authority and direction.
Read more about police power
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E and b not really sure but it’s my best guess
Answer:A. Commercial paper
Explanation:The form of debt financing is unlikely to be used by a firm the size of Moonworks is a commercial paper.
A commercial paper is issued by large corporation to secure funds inorder to meet a debt that has a short time duration such as payroll, and its backed only by the bank that issues it or the borrowing company promised payment on the face amount on the due date which must have been specified on the note.
Answer:
a) Assets will be overstated
Explanation:
Annual repairs costs are operating expenses that should be debited to the repair and maintenance account. The amount should increase the repair and maintenance account and, consequently, expenses for that period.
If the repair expenses are debited to the asset account, assets increase in value. Since the repair costs are wrongfully posted, the assets will be overstated. On the other hand, expenses will be understated
