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Tom [10]
3 years ago
15

Jim's Hardware is adding a new product to its sales lineup. Initially, the firm will stock $36,000 of the new inventory, which w

ill be purchased on 30 days' credit from a supplier. The firm will also invest $13,000 in accounts receivable and $11,000 in equipment. What amount should be included in the initial project costs for net working capital
Business
1 answer:
mr_godi [17]3 years ago
7 0

Answer:

$13,000

Explanation:

Given that

The stock of the firm = $36,000

Invested amount in account receivable = $13,000

Invested amount in equipment = $11,000

So by considering the above information, the amount included in the initial project for net working capital is the account receivable i.e current assets minus current liabilities and the account receivable is come under the current assets so the same is to be included

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In a team, if someone gets stuck with the selected tasks for the iteration, what is the immediate next step?
Serggg [28]

Answer:

a. Without wasting time, the team member has to inform the Lead/Onsite coordinator and take up another task.

Explanation:

Iteration is a repetative process, where process is repeated until it get closer to the desired result. It is important to inform the team member without wasting much of time, so that they can coordinate or team member can take up another task from the queue. Iteration planning is the collabrative exercise, team work is important as goal and task are set in a team meeting. This is considered as slower process than new algorithm process.

5 0
3 years ago
What helps the resources and goods and services move around the circular flow?
Nostrana [21]

Answer: d. money​

Explanation: the flow of the resources, goods and services move around in a clockwise flow while money flow in an anticlockwise flow. This is to say without money, the flow of goods and services will be impossible.

4 0
3 years ago
Relevant Cash Flows Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land
Marta_Voda [28]

Answer: $38,410,000

Explanation:

When recording investments in fixed assets, it is best to use the market value at the time.

The market value of the land will therefore be the relevant cost here.

Initial investment in fixed assets = Market value of land + Cost to build plant + Cost of grading

= 7,700,000 + 29,300,000 + 1,410,000

= $38,410,000

8 0
3 years ago
The economy, as a system, represents the
telo118 [61]
The economy, as a system, represents the flow of the resources from the production through consumption. In fact, economy is the line of production and distribution and as well as the consumption of the goods and services in any given areas around the globe.
4 0
3 years ago
In Waterway Company, Treasury Stock increased $20400 from a cash purchase, and Retained Earnings increased $80200 as a result of
Verizon [17]

Answer:

$59,900

<u />

Explanation:

<u>Cash flow from Financing activities</u>

Particulars                                                Amount

Cash paid for treasury stock                  $20,400

Cash dividends                                        <u>$39,500</u>

Net cash used by financing activities  <u>$59,900</u>

4 0
3 years ago
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