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blondinia [14]
3 years ago
8

A balance sheet has total assets of $1,664, fixed assets of $1,156, long-term debt of $614, and short-term debt of $191. What is

the net working capital?
Business
1 answer:
Lorico [155]3 years ago
4 0

Answer:

Total assets $1664 - fixed assets of $1,156 = $508

Assets $508 - Short term debt $191 = $317

Net working capital = $317

Explanation: Working capital is the difference in operating current assets less operating current liabilities. This difference is based on the fact that the company's operating activities are sufficient to cover the commitments acquired to fund these activities.

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3 years ago
Use the following quotation to answer the question.“If men were angels, no government would be necessary.” —James Madison, Feder
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Answer:

2. Government is necessary, because people do not always behave perfectly.

Explanation:

<em>Option 1</em> is wrong because if the government cannot control people, there is no use of making policy. It contradicts James Madison's quota.

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8 0
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The unemployment rate in an economy is 6 percent. The total population of the economy is 290 million, and the size of the civili
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Answer:

2. 9 million

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