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artcher [175]
3 years ago
13

McRae Corporation's total current assets are $396,000, its noncurrent assets are $512,000, its total current liabilities are $34

8,000, its long-term liabilities are $262,000, and its stockholders' equity is $298,000. Working capital is:
Business
1 answer:
krek1111 [17]3 years ago
3 0

Answer:

$48,000

Explanation:

The working capital is the business asset that is used for day to day operation. It can be calculated as follows,

Working capital = Current assets - Current liabilities

So,

Working capital = $396,000 - $348,000 = $48,000

It can be verified with the following equation

Fixed assets + Working Capital = Shareholder Equity + Long term Liabilities

Which is,

Fixed assets + Working Capital = $512,000 + $48,000 = $560,000

Shareholder Equity + Long term Liabilities = $298,000 + $262,000 = $560,000

Hope that helps.

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The Association of Organic Food Growers, which does not include all organic farmers and ranchers, refuses to deal with any parti
zmey [24]

Answer:

a per se violation of antitrust law.

Explanation:

The antitrust laws can be defined as those laws that are created by the US government to protect consumers from unfair means of competition in market. The aim of creating such laws is to ensure the protection of customers from corruptive business practices and also to ensure safe healthy competitive environment among same business companies.

<u>In the given scenario, the Association of Organic Food Growers is violating the antitrust law by boycotting farmers, ranchers, etc. The antitrust laws are violated by companies in several ways among them is by boycotting</u>.

Boycotting can be defined as an agreement between several companies that excludes a group of customers or market to avert them from buying aanyy goods or products.

This boycotting agreement is a per se violation of antitrust law.

5 0
2 years ago
At the beginning of year 1, Looby Corp. purchases equipment for $100,000. The equipment has a residual value of $20,000 and an e
ANEK [815]

Answer:

Accumulated Depreciation at the end of year  =  $16,000

Explanation:

<em>Under the straight line method of depreciation, the cost of an asset less the salvage value is spread equally over the expected useful life.</em>

<em>An equal amount is charged as annual depreciation over the life of the asset. The annual depreciation is calculated as follows:</em>

Annual depreciation:

= (cost of assets - salvage value)/ Estimated useful life

Cost - 100,000

Residual value = 20,000

Estimated useful life = 10 years

Annual depreciation = (100,000- 20,000)/10 =8,000

Annual depreciation = 8,000

Accumulated Depreciation for 2 years = Annual depreciation× number of years

                            = 8,000× 2 = 16,000

Accumulated Depreciation for 2 years =  $16,000

4 0
3 years ago
Your company sells a variety of NFL logo t-shirts for various teams for $15. Your rental cost of the silk-screening equipment is
Zina [86]

Answer:

The company should print the 3,000 units of Tennessee  as they will yield a gain for 3,000 dollars.

Because it faces economies of scale it should sale for as much as it can from a given pattern

Explanation:

Profit: revenue - variable cost - fixed cost

Profit =   15*Q - 8*Q - 18,000

Profit =          7Q- 18,000

3,000 Tennessee shirts x $7 contribution per shirt - 18,000 setup cost

profit: 21,000 - 18,000 = 3,000

Profit maximization: Marginal revenue = marginal cost

Total Revenue: 15 x Q

dTR' /dQ = 15

dTR''/dQ = 0

cost function: 18,000 + 7Q

dC'/dQ = 7

dC''/dQ = 0

Sport Tee faces a economie of scale their cost do not increase over time. Sport Tee should sale as many shirt as it possible can

8 0
2 years ago
These too. Again I will post more
Varvara68 [4.7K]

The answer is D




hope it helps :P


7 0
2 years ago
Cash flows from investing activities include: Multiple Choice Cash outflows from acquiring land. Proceeds from the issuance of c
SOVA2 [1]

Cash flows<em> from investing</em> activities contain the following things and include:

  • Cash outflows from acquiring land

According to the given question, we are asked to state what the cash flow from investing activities contains based on the list of available choices.

As a result of this, we can see that cash flows which are gotten from investing activities includes the cash that has either been made or spent on a fixed asset like land or properties that are expected to generate profit in the future.

Therefore, the correct answer is Cash outflows from acquiring land

Read more cash flows here:

brainly.com/question/735261

4 0
2 years ago
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