All are covered by HR except investing funds
Answer:
<em>The project will increase the net working capital of the firm by $4000</em>
Explanation:
Net working capital measure how fast a company can convert its asset to cash, the networking capital can be obtained with the expression below;
net working capital (NWC) = current assets - current liabilities
Current asset = Increase in raw materials = $6,000
Current liabilities = accounts payable increase = $2,000
NWC= Increase in raw materials-increase in accounts payable
=$6,000 -$2,000
=$4000
Therefore this project will increase the net working capital of the firm by $4000
The correct answer is " new firms will enter the market"
Answer:
$3,110.50
Explanation:
If the formula for calculating your credit card balance after t monthly payments is $15,000 x (0.986975)∧t, and t = 120 (= 10 years x 12 payments per year);
your credit card balance will = $15,000 x (0.986975)∧120 = $15,000 x 0.20737 = $3,110.50 after 10 years.
It is never a good idea to only pay the minimum monthly payment, since it takes forever to pay your credit card debt.