Answer:
3. $2,123,612
Explanation:
As we know that
Net working capital = Current assets - current liabilities
where,
Current assets = Cash and marketable securities + inventory + accounts receivables + other current assets
= $335,485 + $1,651,599 + $1,488,121 + $121,427
= $3,596,632
Current liabilities = Accounts payable + short-term notes payable
= $1,159,357 + $313,663
= $1,473,020
So, the net working capital is $2,123,612
From the available options in the question, it is clear that the career pathways that would require the highest and lowest level of education has been described in (C) the Marketing Information and Research pathway and Management and Entrepreneurship pathway contain the highest education level, and the Buying and Merchandising pathway and Professional Sales and Marketing pathway contain the lowest.
The two fields with the highest educational requirements would need at least a Bachelor’s degree for an entry level position, while latter two fields would just need a high school diploma.
Answer:
(A) $5,131.5
(B) $12,729.5
Explanation:
The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.
As per given data
Invested amount = $5,000
Interest rate = 3.9%
Interest is compounded monthly
Monthly rate = 3.9% / 12 = 0.325%
Formula for the accumulated amount of investment
A = P ( 1 + r )^n
Accumulated Money when $5,000 is
(A) Invested for 8 months
A = $5,000 ( 1 + 0.325% ) ^8
A = $5,131.5
(b) Invested for 24 years or 288 months (24 x 12)
A = $5,000 ( 1 + 0.325% ) ^288
A = $12,729.5
Answer:
a. 575 units
b. 107.83 orders
c. 3.38 days
Explanation:
a. The computation of the economic order quantity is shown below:
= 
where,
Annual demand = 62,000 disk
Ordering cost = $16
Carrying cost = $0.25 × 24% = $6
Now put these values to the above formula
So, the value would equal to
= 
= 575 units
b. The number of orders would be equal to
= Annual demand ÷ economic order quantity
= 62,000 ÷ 575 units
= 107.83 orders
c. The frequently order would be
= Total number of days in a year ÷ number of orders in a year
= 365 days ÷ 107.83 orders
= 3.38 days
Answer:
The answer is A.
Explanation:
Closing/Ending balance in Allowance for Doubtful Accounts = Unadjusted credit (debit) balance in Allowance for Doubtful Accounts + Bad Debt Expense
To get Bad Debt Expense, we re-write the formula:.
Closing/Ending balance in Allowance for Doubtful Accounts − Unadjusted ending credit (debit) balance in Allowance for Doubtful Accounts
Ending/Closing method balance in allowance for doubtful debt= $5,000
Unadjusted ending credit (debit) balance in Allowance for Doubtful Accounts =$500
So we have:
= $5,000 − $500
= $4,500
