Net working capital = total current assets - total current liabilities
Net working capital for 2015 = 1,205 -965 = 240
Net working capital in 2015 = $240
Net working capital for 2016 = 1,420-1,095 = 325
Net working capital in 2016 = $325
Change in working capital for 2016 = Net working capital in 2016 - Net working capital in 2015
Change in working capital for 2016 = 325 -240 = 85
Change in working capital for 2016 = $85
I’m guessing the answer is D
The cost of the land & building is split among the assets purchased in proportion to the market value of the assets as a whole in the case of a basket purchase
<h3>What is a
basket purchase?</h3>
It is called a lump sum acquisition because its involves the purchase of many assets as a group.
In this purchase, when an investor purchases an assets, it means the the investor is able to buy many assets as one group in a single transaction,
Read more about basket purchase
<em>brainly.com/question/13884440</em>
The best answer is D. The sector that will have a very limited influence in a pure market economy is the government. A pure market economy is an economic system that solely relies on the markets to distribute the resources. A theoretical pure market economy has no involvement of the government, only the markets decides on everything.
Answer and Explanation:
The correct journal entry to record the impact of this tax rate change is shown Below:
Income Tax Expense $5,000
To Deferred Tax Assets $5,000
(being the income tax expense is recorded)
here the income tax expense is debited as it increased the expense and credited the deferred tax assets
So, the same should be considered