The initial net working capital requirement for this project exists $69,000.
<h3>What is meant by net working capital?</h3>
The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).
The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.
net working capital requirement = $61,000 − 28,000 + 36,000
net working capital requirement = $69,000
The initial net working capital requirement for this project exists $69,000.
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Answer:
The various costs associated with the Gala Company could be classified into the following:
a. <u>Direct Material Cost</u>
Memory boards and chips used in assembling computers.
b. <u>Direct Labour Cost</u>
Production superintendents’ salaries.
Salaries for assembly-line quality control inspectors.
Wages of workers assembling laptop computers.
c. <u>Manufacturing Overhead</u>
Sales commissions paid to sell laptop computers.
Electrical components used in assembling computers.
Soldering materials used on factory assembly lines.
d. <u>Period Cost</u>
Property taxes on the factory building.
Depreciation on the factory equipment.
Salaries for the night security guards for the factory building.
Explanation:
Answer:
$1000
Explanation:
Given the policy coverage = $30000
The amount of deductible = $1000
Total damage of the car when the accident occurred = $6200
Below is the calculation to find the amount that Frank has to pay:
The amount payable by Frank out of pocket = Deductible amount
The amount payable by Frank out of pocket = $1000
Answer: FALSE.
Price control is regulated by the government of any country that puts restriction on the price of goods in the market. The intend of the federal price regulation is to provide uniform policies and to protect the rights of every consumer or customer.
