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Ray Of Light [21]
3 years ago
9

Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marke

table securities worth $335,485, accounts payables worth $1,159,357, inventory of $1,651,599, accounts receivables of $1,488,121, short-term notes payable worth $313,663, and other current assets of $121,427. What is the company's net working capital?
Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

The company's net working capital is $2123612

Explanation:

Working Capital

Current Assets:

Cash & marketable securities worth  $335,485

Inventory of                                          $1,651,599

Accounts receivables                          $1,488,121

Other current assets                            <u>$121,427</u>

Total Current Asset                                                     $3,596,632

Less:

Current Liabilities:

Accounts payable worth                       $1,159,357

Short-term notes payable worth           $313,663

Total Current Liabilities                                               <u>$1,473,020</u>

Net Working Capital                                                    <u>$2,123,612</u>

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Answer:

Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.

Explanation:

Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.

This type of approach want every single member involvement and their ideas to be share among the present group. The  main advantage of this approach is that it include every individual participation, chaos or noise between the discussion is less.

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Jack Corporation uses horizontal analysis to compare its income statement from year to year. Jack Corporation reported the follo
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Answer:

Current year cost of goods sold is $181,800.

Explanation:

The current year cost of goods sold is calculated as follows:

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A
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2 years ago
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Answer:

d. Decrease and total revenues from good B to decrease

Explanation:

Goods that have many substitutes and goods that makes up a significant portion of most families' budgets usually have an elastic demand.

Elastic demand means quantity demanded is sensitive to changes in price.

A good with many close substitute can easily be replaced because it has many goods that are similar to it.

If the price of the good with many close substitutes is increased, consumers would reduce qunatity demanded of the good and begin to demand for more of its many close substitutes. As a result, total revenue of seller of the good with many substitutes would fall.

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I hope my answer helps you

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