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Anastaziya [24]
3 years ago
15

Brian is saving money for an entertainment system. He decides to put his money in the bank in a traditional savings account inst

ead of keeping the money at home. What would NOT be an advantage of Brian saving money in the traditional savings account?
A.He would be less likely to spend it on other things.
B.It could earn interest.
C.It could only be withdrawn at a certain time.
D.He would not have to worry about his money being stolen.
Business
1 answer:
const2013 [10]3 years ago
7 0
C. It could only be withdrawn at a certain time.
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An organisation or enterprising entity engaged in business, industrial, or professional activities is referred to as a business. A business's goal is to coordinate some form of economic production (of goods or services). Businesses can indeed be for-profit corporations or charitable organisations working to advance a social cause. Businesses range in size and scope from small, local enterprises to large, global conglomerates. A person's efforts and activities to produce and sell products and services for a profit are also referred to as business. An organisation that runs for commercial, industrial, as well as professional purposes is frequently referred to as a business. The concept starts with a name and an idea, and in-depth market research may be necessary to ascertain whether it is feasible to turn this same idea into a profitable.

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3 0
1 year ago
Chang and Smith Tours has the following balance sheets: 2018 2019 Assets Cash $209 $197 Accounts Receivable 684 726 Inventory 91
rusak2 [61]

Answer:

Chang and Smith Tours

The amount of net working capital for 2019 is:

$828.

Explanation:

a) Data and Calculations:

Chang and Smith Tours

Balance sheets:                        2018            2019

Assets

Cash                                          $209            $197

Accounts Receivable                  684             726

Inventory                                      918           1,023

Net Fixed Assets                      2,014           1,944

Total Assets                           $3,825       $3,890

Liabilities and Equity

Accounts Payable                     $748           $818

Notes Payable                            306             300

Long-Term Debt                      1,647           1,724

Stockholders' Equity                 1,118           1,048

Total Liabilities and Equity   $3,819        $3,890

Working capital:

Current assets:

Cash                                          $209            $197

Accounts Receivable                  684             726

Inventory                                      918           1,023

Less current liabilities

Accounts Payable                     $748           $818

Notes Payable                            306             300

Net working capital                 $757           $828

b) The net working capital is the difference between current assets and current liabilities.

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