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nekit [7.7K]
3 years ago
11

Astin Company has current assets of $82,530, total assets of $242,050, total net income of $58,240, current liabilities of $72,1

20, and total liabilities of $205,300. Astin's Company's working capital a. $68,650 b. $24,920 c. $10,410d. $36,570
Business
1 answer:
JulijaS [17]3 years ago
8 0

Answer:

$10,410

Explanation:

Working capital is the difference between a company's current or short term assets and its current liabilities or short term obligations. It gives an insight as to how liquid an organization is.

Working capital = Current assets - current liabilities

= $82,530 - $72,120

= $10,410

Astin's Company's working capital is $10,410

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Have a good day.

8 0
2 years ago
1. The Cozy Company manufactures slippers and sells them at $ 10 a pair. Variable manufacturing cost is $ 5.75 a​ pair, and allo
nadya68 [22]

Answer:

(b) $ 43,750 ​increase

Explanation:

The computation of the effect on operating income is shown below:

= Contribution margin per unit × special order

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6 0
4 years ago
Skullcandy makes headphones. For 2016 it plans to offer a new product line of wireless headsets to the marketplace. It planned o
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This is an example of a company’s: <u>objective</u>.  

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4 0
3 years ago
The amounts indicated pertain to Royal Fairmont’s trading debt investments, which were purchased on 1/1/21: Cost: $16,000 12/31/
quester [9]

Answer:

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Answer:

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5 0
2 years ago
Read 2 more answers
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