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Law Incorporation [45]
3 years ago
5

British metals is reviewing its current accounts to determine how a proposed project might affect the account balances. the firm

estimates the project will initially require $81,000 in additional current assets and $57,000 in additional current liabilities. the firm also estimates the project will require an additional $8,000 a year in current assets in each of the first three of the four years of the project. how much net working capital will the firm recoup at the end of the project assuming that all net working capital can be recaptured?
Business
1 answer:
Arisa [49]3 years ago
5 0

Working capital, otherwise known as net current assets, is current assets subtracting current liabilities.

$81000 + $8000 x 3 - $57000 = $48000//

It says that the net working capital can be recouped, therefore the firm can recoup $48000.

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For 2021, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an a
ziro4ka [17]

Answer:

$3,860

Explanation:

The balance in the account Allowance for Doubtful Accounts is expected to be the projected amount in receivables of the company that will not be converting to cash.

Therefore to calculate final balance of allowance for doubtful balance

Beginning balance                                                                 2700

Bad debt expense (410000*1%)                                            4100

Less: Written off                                                                   -2940

Ending balance                                                                    3860

So answer is $3,860

4 0
3 years ago
Dee's suggestion that the company needed more control over the way its products were displayed, priced, and promoted prompted a
aleksandrvk [35]

Answer:

D.administered distribution system.

Explanation:

Administered Distribution System is a system in which producer manages all the marketing functions at the retail outlets.

3 0
3 years ago
Job descriptions are a key prerequisite for any performance management system because
Dmitry [639]
Job descriptions are a key prerequisite for any performance management system because they provide the criteria that will be used in measuring<span>performance.
These job descriptions will give you all information you need to see how your performance is going to be measured. So it is important to include them to make things easier for you, so that you can know whether or not to apply for that particular position.
</span>
7 0
3 years ago
If the level of incomes rises for high-income workers but doesn't change for low-income workers, then poverty will not change an
Aloiza [94]

If the level of incomes rises for high-income workers but doesn't change for low-income workers, "then poverty will not change and inequality will rise."

<h3>What is poverty?</h3>

Lack of resources to meet necessities like food, clothing, and shelter constitutes poverty. But poverty goes far beyond simply not having enough money.

According to the World Bank, poverty is as follows:

  • Hunger is poverty.
  • Absence of shelter is poverty.
  • Being sick and unable to visit a doctor is poverty.
  • Being illiterate and lacking access to education are both aspects of poverty.
  • Living day by day and not having a job are all signs of poverty.

Some faces of poverty is also-

  • Poverty has been characterized in a variety of ways and takes on several forms that vary from place to place and over time.
  • Most of the time, people desire to get out of poverty.
  • Therefore, poverty is a call to action for both the wealthy and the poor, a call to alter the world so that more people may have access to food, shelter, education, and healthcare, as well as protection from violence and a voice in local affairs.

Therefore, rarely is there a single source of poverty. Some people don't have enough money due to a number of circumstances, including growing living costs, low salary, unemployment, and insufficient social security benefits.

To know more about factors cause poverty in low-income nations, here

brainly.com/question/1985270

#SPJ4

7 0
2 years ago
An import​ quota: A. Is always more costly to a country than an import tariff. B. Has the same effects on welfare as an import t
Ivahew [28]

Answer:

D. Generates rents that might go to foreigners.

Explanation:

An import quota is the trade restriction imposed by the government on the quantity of the particular commodity to be imported from another country. It protects domestic producers from foreign competition. Overseas goods are generally very cheap compared to locally produced goods, which can destroy a business from the market and can make foreign companies be the leader of the market, who can control the price and quality of the product. Therefore, it very helpful to the local producer in sustaining and generating profit in the market.

3 0
3 years ago
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