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Zepler [3.9K]
3 years ago
15

The December 31, 2018, balance sheet of Justin’s Golf Shop, Inc., showed current assets of $1,155 and current liabilities of $94

0. The December 31, 2019, balance sheet showed current assets of $1,370 and current liabilities of $1,045.
What was the company's 2019 change in net working capital, or NWC?
Business
1 answer:
alekssr [168]3 years ago
7 0

Answer:

The answer is $325

Explanation:

To calculate net working capital for 2019;

Current asset for 2019 minus current Liability for 2019.

Examples of current assets are cash, inventory, accounts receivable

Therefore, net working capital for 2019 is;

$1,370 - $1,045 = $325

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Answer: Strategic Analysis.

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Strategic analysis refers to the process of conducting research on a company and its operating environment within which its operates to formulate a strategy. Strategic analysis helps define a strategy that will help stand out from the competitors and to also remain competitive. Another important function of strategic analysis is the prediction of future events and the planning of an alternative approach if the first fail to deliver.

4 0
3 years ago
In a normal year most police officers who die in the line of duty die as a result of:
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I believe it must be by the hands of a weapon such as a gun.
6 0
4 years ago
An auto company decided to relocate its offices from Huntsville, Alabama to Orlando, Florida. The human resources manager of the
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In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.

<h3>What is unemployment?</h3>

Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.

Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.

The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.

Learn more about unemployment, here:

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5 0
2 years ago
In the circular flow model, households provide inputs to firms through the ________ and in exchange receive _______ from firms
Setler [38]

Answer: Purchase of outputs produced by the firm and in exchange receives wages for their labour from the firms.

Explanation:The circular flow of income is the flow of money, goods & services between  economic agents. These economic agents are: the household, Firms and Government.

The Household spend its income on goods & services and also purchase outputs produced by firms and gets its inflow by providing factors of production to the firms.

The Firms spends its income on all factors of production( Labour, Capital, Raw materials) and gets its inflow from the sale of goods & services.

Government consist of the local state and federal whose income flows from the household and firm by way of taxes and flows out by way of grants, subsidies and purchase of goods & services.

5 0
3 years ago
Kelly owns 500 shares of Boston Corporation common stock which was purchased on March 20, 2000, for $70,000. On August 8 of the
Gennadij [26K]

Answer:

a. How much gross income must Kelly recognize?

$0, the distribution will not increase her gross income.

b. What is the basis of each stock right​ received?

{[(500 x $10)/ (500 x $10 + 500 x $40)] x $70,000} / 500 shares= $14,000 / 500 = $28

c. If she sells the 100 stock rights for $9,000​, what is her​ gain?

gain = $9,000 - (100 x $28) = $6,200

d. If she exercises the 100 stock rights on September 8​, what is the basis of the 100 shares she receives and when does the holding period for those shares​ start?

basis = $2,800 + (100 x $110) = $13,800

7 0
3 years ago
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