1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dezoksy [38]
3 years ago
14

Wes Motors has total assets of $98,300, net working capital of $11,300, owners' equity of $41,600, and long-term debt of $38,600

. What is the value of the current assets?
Business
1 answer:
Molodets [167]3 years ago
6 0

Answer:

Current Assets = $29,400

Explanation:

Total Assets = Total Liabilities + Owner's Equity

$98,300 = (Long Term Debt + Current Liabilities ) + Owner's Equity

$98,300 = $38,600 + Current Liabilities + $41,600

Current Liabilities = $98,300 - $38,600 - $41,600  

Current Liabilities = $18,100

Net Working Capital = Current Assets - Current Liabilities

$11,300 =  Current Assets - $18,100

Current Assets = $11,300 +$18,100  

Current Assets = $29,400

You might be interested in
Despite recent pressure from stockholders to increase profits, World Extraction Corp., a global petroleum organization, has main
Harrizon [31]

Answer:

The answer is True.

Explanation:

From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.  

7 0
3 years ago
Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.
Andreyy89

Using economic understanding, insurance is "<u>Economically feasible</u>" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered <u>economically feasible.</u>

Hence, in this case, it is concluded that the correct answer is "<u>Economically feasible."</u>

Learn more here: brainly.com/question/13769098

8 0
3 years ago
When a tax is levied on the buyers of a good, the A. buyers of the good will send tax payments to the government. B. supply curv
makkiz [27]

Answer:

When a tax is levied on the buyers of a good, the <u>demand curve shifts downward (or to the left). The quantity demanded will decrease at every price level.</u>

Explanation:

When a tax is levied on the sellers of a good, the supply curve shifts to the left, reducing the quantity supplied at every price level.

When a tax is levied on a good, the buyers and sellers of the good share the burden,  regardless of how the tax is levied since it increases the price that buyers effectively pay and decreases the price that sellers effectively receive. Taxes decrease the equilibrium quantity of the good.

8 0
3 years ago
Kogler Corporation's relevant range of activity is 7,000 units to 11,000 units. When it produces and sells 9,000 units, its aver
Fiesta28 [93]

Answer:

Contribution margin per unit= $15.8

Explanation:

Giving the following information:

Direct Materials $4.85

Direct Labor $4.70

Variable manufacturing overhead $1.65

Selling price= $27

The contribution margin per unit is calculated by deducting from the selling price the direct material, direct labor, and variable overhead:

Contribution margin per unit= 27 - 4.85 - 4.7 - 1.65= $15.8

7 0
4 years ago
As a project manager how would you see your job different from other managerial positions and how would you begin working on you
fgiga [73]
Hope this helps!

The program manager oversees the entire initiative. They are ultimately responsible for the success of all the interconnected projects within that program. The project manager oversees only one (or sometimes a few) of these efforts. They ensure the timely delivery of a specific project.
6 0
3 years ago
Other questions:
  • You’ve been asked to add a new customer for your client in their QuickBooks Online company, so, you go to the Sales Center and s
    8·1 answer
  • When a u.s. airplane manufacturer sells its airplanes to business executives in germany without using intermediaries, it is refe
    11·1 answer
  • Suppose the U.S. economy slips into a recession. In response, the Federal Reserve cuts the federal funds rate in order to avoid
    7·1 answer
  • Sunland Company had the following account balances at year-end: Cost of Goods Sold $60,410; Inventory $15,010; Operating Expense
    7·1 answer
  • Find the final amount of money in an account if $ 8 , 000 is deposited at 5 % interest compounded semi-annually and the money is
    15·1 answer
  • According to the United Nations' stages of economic development for classifying countries with respect to levels of industrializ
    15·1 answer
  • A situation occurring when the value of a nation’s exports exceeds the value of its imports is called a trade surplus.
    15·2 answers
  • . Discuss and Implement the Price Adjustment Strategies in current market. Apply each strategy with 3 examples along with pictur
    11·1 answer
  • Drafi Arts Corp. makes and sells original handicraft products. The management of the company has been successfully using a niche
    13·1 answer
  • According to the following screening criteria, how many public companies are there in the United
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!