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Oxana [17]
2 years ago
12

2. Swinnerton Clothing Company's balance sheet showed total current assets of $900, all of which were required in operations. It

s current liabilities consisted of $200 of accounts payable, $500 of 6% short-term notes payable to the bank, and $90 of accrued wages and taxes. What was its net operating working capital that was financed by investors?
Business
1 answer:
Ket [755]2 years ago
3 0

Answer:

net operating working capital = $610

Explanation:

given data

total current assets = $900

current liabilities = $200

accrued wages and taxes = $90

to find out

net operating working capital

solution

we get here net operating working capital will be express as

net operating working capital = total current assets - current liabilities - accrued wages and taxes     ............................1

put here value in equation 1 we get

net operating working capital = $900 - $200 - $90

net operating working capital = $610

You might be interested in
2019 2018 2017 2016 2015 Sales $ 672,736 $ 439,697 $ 356,030 $ 248,972 $ 185,800 Cost of goods sold 352,273 230,192 188,636 130,
drek231 [11]

Answer:

                                      2019        2018     2017      2016     2015

Sales                              362           237      192         134        100

Cost of goods sold       365           238      195         135        100

Accounts receivable    254           202       191          114        100

Explanation:

Note: See the attached excel file for the table showing how the trend percents are calculated.

Trend percents, often known as index numbers, can be described as percents that are used for comparing financial data across time to a based year or period. This can be calculated using the following formula:

Trend percents = (Analysis year amount / Base year amount) * 100 ........ (1)

Using equation (1), the following table shows the trend percents computed as follows:

                                     2019         2018     2017      2016     2015

Sales                              362           237       192         134        100

Cost of goods sold       365           238       195         135        100

Accounts receivable     254           202       191          114        100

Download xlsx
4 0
3 years ago
Let's say you graduate from school and you are unemployed or take a low-paying job. What are your debt
elena55 [62]

Answer:

c

Explanation:

7 0
3 years ago
Read 2 more answers
Flexible budgets and variance analysis are very useful tools for managers, but are sometimes difficult to understand. Find an on
Anettt [7]

Answer:

Flexible budgets: These type of budgets are assessments, which may vary with the capacity or production for a given period.

Say for model there might be two type of budgets which bend with two or three situations of fabrication volume or production. The situations might be:

1. Budget when fabrication is at highest volume, the revenue and expenditures at the utmost output.

2. Budget when there is prime capacity, the revenue and expenditures valued at the optimal application of resources to produce optimal productivity or satisfactory output.

3. Budget when there is low capacity or demand is nearly nil, the revenues and expenditures that will be valued.

This flexible budget guides administration to appropriately plan their resources and flex with the capacity whenever it’s required subject the change in situations.

Variance Analysis: The investigation of deviance of several cost restriction with the usual set in at the start of the year results in Variance Analysis. There are several types of modifications which needs analysis and these will be diverse with the business type. The below are few common instances of modifications.

Sales capacity variances, sales combination variances, Material value variances, labor proportion variances, machine dependent price variances, overheads expenditure variances, Material procedure, Material Amount, Material replacement, labor and engine time variances etc.

These will help the administration to comprehend practically how precise the values set in for a given period of time.

5 0
3 years ago
The operations manager at a printing company has grouped together a work crew to assemble an order of 500 copies of an annual re
Ghella [55]

Answer: Cellular layout

Explanation:

 The cellular layout is one of the organizational process in which the various types of similar produced are manufacturing together that contain some effective features and the characteristics.

The main goal of the cellular layout is that it helps in encompassing the various types of technology for producing the effective products more quickly.  

According to the given question, the operational manager of the printing company where all the worked together for assembling an order of the 500 copies and this is an example of cellular layout.

 Therefore, Cellular layout is the correct answer.  

3 0
3 years ago
Armstrong Corporation manufactures bicycle parts. The company currently has a $18,500 inventory of parts that have become obsole
MaRussiya [10]

Explanation:

There are two alternatives

1. Sold for $6,300

The inventory parts should be sold for $6,300 as the current inventory parts are not relevant as it is a sunk cost i.e $18,500

2. Repair and after that sale it

Now in this case, we have to determine the benefit generated i.e come from

= Sale value - repairing cost

= $19,700 - $9,100

= $10,600

As we can see that the alternative 2 generated higher benefit as compare to the alternative 1 so it would be more beneficial for the company

3 0
3 years ago
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