1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tamaranim1 [39]
3 years ago
5

Prezas Company's balance sheet showed total current assets of $2,500, all of which were required in operations. Its current liab

ilities consisted of $975 of accounts payable, $600 of 6% short-term notes payable to the bank, and $250 of accrued wages and taxes. What was its net operating working capital?
Business
1 answer:
ipn [44]3 years ago
8 0

Answer:

$1,275

Explanation:

Recall that,

Net operating working assets (NOWC) = Current assets - (current liabilities - notes payable).

Thus,

Given that

Current assets = 2500

Current liabilities = 975 + 250 + 600 = 1825

Notes Payable = 600

Therefore,

NOWC = 2500 - (1825 - 600)

NOWC = 2500 - 1225

NOWC = $1275

You might be interested in
You’ve collected the following information from your favorite financial website. 52-Week Price Stock (Div) Div Yld % PE Ratio Cl
Reil [10]

Answer:

6.974% and 4.218%

Explanation:

The computation is shown below:

Here we use the 52-week low stock price

The Highest dividend yield is

= Dividend ÷ Stock price

= 2.39 ÷ 34.27

= 6.974%

The Lowest dividend yield is

= Dividend ÷ Stock price

= 2.39 ÷ 56.66

= 4.218%

We simply applied the above formula so that we can determine highest and lowest dividend yield

4 0
4 years ago
$3,000 is invested in an account paying 4% interest and twice that amount is invested at 6%.. . Which of the following expressio
Lorico [155]
The best and most correct answer among the choices provided by your question is the second choice which is "<span>0.06(6,000)."

</span>Twice of 3,000 is 6,000. Move the decimal of 6% to the left right to get 0.06% Then multiply them: <span>0.006(6,000).</span>

I hope my answer has come to your help. Thank you for posting your question here in Brainly.
3 0
3 years ago
Read 2 more answers
Suppose that the airline industry is in long-run equilibrium when the price of gasoline increases, raising the cost of operating
svlad2 [7]

Answer: c. decrease.

Explanation:

If the cost of operating airplanes increases on account of gasoline prices rising, it means that running an airline service would be more expensive.

In the long-run, there is zero economic profit as companies keep entering and exiting the market. If costs increase as they have done here, there will be an economic loss. Several firms will therefore exit in order to avoid these costs which would lead to the number of airlines decreasing.

When they decrease, prices will then go up till the economic profit is zero once more.

8 0
3 years ago
how to calculate the hourly wage based on the monthly income and state the hourly wage. assume that each full time worker works
Maksim231197 [3]

Answer:

$23.85 per hours

Explanation:

The labor wage per hour can be calculate by simply dividing minimum monthly income by the least number of total hours that a labor must work. The resultant amount will be hourly wage of an employee.

Mathematically,

Hourly Wage = Minimum Monthly Income  /  Total Hours Worked

Here

Minimum Monthly Income is $4,089

Total Hours Worked = 40 Hrs per week * 30 days / 7 days

Total Hours Worked = 171.43 Hours

By putting the values, we have:

Hourly Wage = $4,089 / 171.43 Hrs   = $23.85 per hours

5 0
4 years ago
The CEOs of two pharmaceutical companies are having lunch. They discuss the unfair costs of ordering from a manufacturer that su
Diano4ka-milaya [45]

Answer:

Group boycott

Explanation:

Group boycott is when competitors agree to not buy or sell to a supplier or customer or do it only under certain conditions. According to this, the answer is that the strategy is called group boycott because the CEOs of the two companies agree not to work with the manufacturer.

3 0
3 years ago
Other questions:
  • Estate planning has two parts. The first part consists of: (PERSONAL FINANCE)
    15·1 answer
  • Organizational silence occurs when: a. employees are directed to discuss company issues only with their managers and not with th
    10·2 answers
  • Put the parts of the fifth step in the marketing research approach in order from first to last. NOTE: The first step should be t
    12·1 answer
  • Mars Corp. is choosing between two different capital investment proposals. Machine A has a useful life of four years, and machin
    7·1 answer
  • 8) Which of the following may be a feature of some credit cards?
    14·2 answers
  • The Allowance for Bad Debts has a credit balance of $ 7 comma 500 before the adjusting entry for bad debts expense. After analyz
    12·1 answer
  • Mary reports that, on a productive week, she can develop the system requirements in four days, but during a normal week it shoul
    15·1 answer
  • Larry is part of the Board of Governors that manages U.S. Monetary policy. He has been elected by the President to serve a singl
    7·1 answer
  • Braam Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    10·1 answer
  • Describe the three different stages your résumé goes through when being submitted to an employer.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!