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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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Answer:

Direct material quantity variance= $2,170 unfavorable

Explanation:

<u>To calculate the direct material quantity variance, we need to use the following formula:</u>

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*5,000 - 10,310)*7

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2 years ago
Give the meaning and important aspects of the process of globalisation.​
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Answer:

Globalization by definition is that process that the business or n organisation begins to operate on an international standards.It involves interactions amongst individuals , institution and even the government.

There are 4 basic aspects of globalization

1.Dissemination of knowledge.

2.Migration and movement

3.Capital and investment movement

4.Trade and transctions.

Explanation:

1.in the first point , we view globlisation as a measure in the changes of the human heritage by the aspect of knowledge.people's world wide ideologies are disseminated by varoious means far and wide, in the whole world.

2.Globalization has caised movement, through migrationa socioeconomic as well as the political relations is created along the borders.Movement has caused people to be more difficult to controlband also people have been dislocated.

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6 0
2 years ago
Karen and Anika, the owners of a new personal assistant firm called Assist You 2, are interested in offering their services in a
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The first thing Karen and Anika should do is to understand the position of competitors by using the positioning process.

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This product positioning helps the consumers to compare the product with competitors and identify the product with brand value. It also helps to recognize our products with similar products available in the market.

Therefore, Karen and Anika need to understand the position of their competitors if they wanted to provide their services in a market that has already startups and firms.

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2 years ago
There are many unstated assumptions in the problem given above. Even if the mathematical solution is to make only one or two typ
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Answer:

The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.

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3 years ago
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<u>Thus Calculation of September Cash Receipts is as follows:</u>

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