Answer:
-$35
Explanation:
The computation of the change in net working capital is as follows:
Net working capital = current assets - current liabilities
For 2014,
net working capital i s
= ($3,135 - $1,545)
= $1,590
And,
for 2015,
net working capital is
= ($3,100 - $1,545)
= $1,555
So, the change in net working capital is
= ($1,555 - $1,590)
= -$35
Accounting error are errors committed in accounting, which are not intentional.
<h3>What is accounting error?</h3>
These are unintentional errors committed in accounting, which are often corrected when spotted.
Matching each definition to each example is shown below:
- Ethan records $1,000 as a rent expense; however, the actual rent paid was $1,500 Original entry
- Ethan records stationery expenses as $251, but it should have been $215 Transposition
- Ethan records salaries of $5,000 as credits instead of debits. Reversal of entries
- Ethan made a subtraction error while analyzing the profit on the sale of an asset. Calculation
- Ethan completely overlooked stationery expenses of $115. Omission
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Answer: is an indication that product demand is declining.
Explanation:
The negative sign on the slope of the time-series trend equation simply explains that the product demand is declining.
A negative slope indicates that two variables are negatively related which implies that when the value of x increases, rhen the value of y decreases, and vice versa. When putting this in a graph, the line falls when the line that's on the line graph shifts from left to right.
The correct option is C
Answer:
Option E
Explanation:
Assume U.S. and Swiss investors require a real rate of return of 3%. Assume the nominal U.S. interest rate is 6% and the nominal Swiss rate is 4%. According to the international Fisher effect, the franc will appreciate by about 2%
.
