Net working capital is the difference between the Total Current Assets and Total Current Liabilities.
The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.
Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210
The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.
Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325
So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>
Answer:
$42,240
Explanation:
The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;
But before that the depreciation rate is
= 1 ÷ 5 × 2
= 40%
For the first year, the depreciation expense is
= $66,000 × 40%
= $26,400
Now for the 2019, the depreciation expense is
= ($66,000 - $26,400) × 40%
= $15,840
Now the accumulated depreciation is
= $26,400 + $15,840
= $42,240
The first test case should fail. When all the test results are completed, you will save the test case results
Watch where you post, because this is not business!
Tendinitis leads to the inflammation of tendons, it's painful and not exactly fun!
Answer:
The correct answer is letter "D": The football game you forego by watching the movie again.
Explanation:
Opportunity cost is what a person sacrifices when they choose one option over another. Opportunity cost is calculated by subtracting the return of the forgone option from the return of the chosen option. The result represents what was left on the table. Sometimes the chosen option can provide better returns than the forgone option and vice-versa.
In that case, the opportunity cost of watching "<em>The Dark Knight Rises</em>" one more time with a friend is the <em>football game </em>left behind.
