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Greeley [361]
3 years ago
13

The 2014 balance sheet of steelo, inc., showed current assets of $4,630 and current liabilities of $2,190. the 2015 balance shee

t showed current assets of $5,180 and current liabilities of $2,830. what was the company's 2015 change in net working capital, or nwc?
Business
1 answer:
Ostrovityanka [42]3 years ago
8 0

Hello!

Working capital in 2014 is
4,630−2,190=2,440
Working capital in 2015 is
5,180−2,830=2,350

change in net working capital, or nwc
2,350−2,440=−90

Good luck!

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Market structures For each of the following scenarios, determine which market model best describes the scenario. Then identify t
pantera1 [17]

Answer:

Please refer explanation

Explanation:

A. Many small shops sell different styles of sweaters. Some stores sell higher-quality and more expensive sweaters then other stores.

1. many

2. differentiated

3. easy

4. price-searcher

Monopolistic competition is whereby there are many firms selling similar products and services but are not perfect substitutes. They may be different in quality, design or style. Barriers to entry are low and any one firm’s decision does not necessary affect all others. These firms tend to have limited price setting powers and they make use of heavy adverting and brand differentiation.

B. Hundreds of high school students who require tutoring in algebra choose among dozens of tutoring companies offering similar services.

1. many

2. standard

3. easy

4. price-taker

Perfect competition is a market structure where there are many firms selling homogenous or commodity products, such as a fruit or vegetable vendor. They do not have the ability to influence the price and they take the price that they receive. There is free flow of information between sellers and buyers regarding the goods sold as well as the prices of goods and services sold. Firms can easily enter and exit the market.

C. Four Internet providers offer similar services to almost everyone in the city. Any new company would have to engage in a price war with the existing companies.

1. few

2. standard

3. challenging

4. oligopoly

Oligopoly is an imperfect market structure with a small number of firms who are impacted by each other’s actions. Oligopolies may collide either explicitly or tacitly in order to restrict output or fix prices and achieve above normal market returns. Government policies and regulations are placed to encourage or discourage oligopolistic behavior and ensure that consumers are not exploited.

D. Only one pharmaceutical company has a government patent to sell an experimental drug.

1. one

2. unique

3. impossible

4. monopoly

A monopoly refers to a single company dominating the market in an industry. It has a proportionately large market share. This can be due to an absence of proper restraints. They have control of the price in the market for that product. There are very large batters to entry and exit, they exploit economies of scale and are able to make abnormal profits in the industry.

4 0
3 years ago
Gidgits Galore had advertised its product as child safe around the time that the lead paint was found in the gidgits manufacture
Ira Lisetskai [31]

Based on the information given, it can be deduced that the advertisement was inappropriate, therefore Gidgits Galore will be held responsible. The correct option is false.

From the information given, it can be inferred that even though the product wasn't safe, the company advertised the product as being safe. This is wrong and therefore, the company will be held responsible.

Demand letter is when an individual requests payment for money owed for loss of or damage to property, back rent, repayment of a bad check or payment to compensate for defective goods, etc.

In conclusion, a demand letter is simply used to state a legal claim.

Learn more about advertisements on:

brainly.com/question/1020696

7 0
2 years ago
Which results is a positive aspect of globalization
Pavel [41]

Globalization has brought benefits in developed countries as well as negative effects. The positive effects include a number of factors which are education, trade, technology, competition, investments and capital flows, employment, culture and organization structure.

4 0
2 years ago
Read 2 more answers
Suppose that in a week the price of Greek yogurt decreases from $1.75 to $1.25 per container. At the same time, the quantity of
kirill [66]

Answer:

1.11

Explanation:

New price = 1.75

Old price = 1.25

Price percentage= 1.75-1.25/1.25

= 0.5/1.25

= 0.4

New quantity = 18,000

Old quantity= 10,000

Quantity percentage, = 18000-10/000/18000

= 8000/18000

= 0.44

Price elasticity= 0.44/0.4

= 1.11

Hence price elasticity is 1.11

6 0
3 years ago
• A bond’s is generally $1,000 and represents the amount borrowed from the bond’s first purchaser. • A bond issuer is said to be
zzz [600]

Answer: 1. Face value

2. Default

3. Indenture

4. convertibility provision

Explanation:

• A bond’s (face value) is generally $1,000 and represents the amount borrowed from the bond’s first purchaser.

• A bond issuer is said to be in (default) if it does not pay the interest or the principal in accordance with the terms of the indenture agreement or if it violates one or more of the issue’s restrictive covenants.

• The contract that describes the terms of a borrowing arrangement between a firm that sells a bond issue and the investors who purchase the bonds is called (indenture)

• A bond’s (convertibility provision) allows a bondholder or preferred stockholder to convert their bond or preferred share, respectively, into a specified number or value of common shares.

3 0
2 years ago
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