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
Which is riskier, but has the potential for a higher rate of return?<br>saving or investing
Arisa [49]
Investing <span>is riskier but has the potential for a higher rate of return</span>
7 0
3 years ago
Read 2 more answers
Abigail is a manager at her company. The company just launched an initiative to improve its corporate citizenship practices. Abi
Fofino [41]

Answer:

The correct option is A,safeguarding shareholders' interests

Explanation:

Showing integrity and ethical behavior comes under a company portraying itself as a good corporate citizen in order to endear itself to stakeholders, however the responsibility of safeguarding shareholders' interests is the fundamental and not necessarily falls under ethical behavior as the primary reason for the creation of the business in the first place is to enhance maximization of shareholders' wealth

Disclosure and transparency as well as vigilance of the board of directors are both required in order to ensure the wealth of owners are enhanced.

6 0
3 years ago
if barbara falcon invests $16,751.84 now and she will receive $30,000 at the end of 10 years, what annual rate of interest will
Crank

9% of annual rate of interest will she be earning on her investment .The price of borrowing money is reflected in the interest rate on a credit card.

<h3>What is annual  rate interest ?</h3>

The price of borrowing money is reflected in the interest rate on a credit card. We utilize the annual percentage rate for this (APR). On the majority of credit cards, you can avoid paying interest on purchases if you pay your balance in full each month by the due date.

The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, mortgage loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge.

To learn more about annual rate of interest refer to:

brainly.com/question/15728540

#SPJ4

4 0
1 year ago
Shortly after graduating college, Roberto took his place in his family's company in Miami. Roberto's father and uncle started a
natta225 [31]

Answer:

Importer.

Explanation:

An importer is an individual or entity that brings in products from foreign countries for sale domestically. Importers buy products that are produced in other countries. To the other country this is an export.

Roberto's father and uncle started a company that buys bauxite, copper, and other minerals from Chile, and brings them into the U.S. So the company is involved in importing activity.

Roberto brokers the trades with the mines in Chile.

6 0
3 years ago
Courts will occasionally determine in a the course of a lawsuit against a corporation that the usual limited liability protectio
pishuonlain [190]

Answer: b. piercing the corporate veil.

Explanation:

Normally, corporations have limited liability which means that the assets of the shareholders are separate from that of the company and should the company go bankrupt for instance, the assets of the shareholders would be safe and only that of the company could be liquidated.

Sometimes however, the courts can remove this limited liability protection which would enable the assets of the shareholders to be targeted in what is known as "piercing the corporate veil".

There are several reasons this can happen for instance:

  • Fraud by the owners
  • Failure to follow formal corporate rules
  • Inadequate capitalization of the company
  • Use of company assets as private assets.
8 0
3 years ago
Other questions:
  • In a company's SWOT analysis, which of the following is an example of a threat? A. The company makes a low quality product. B. T
    6·2 answers
  • Determining the class standing (1st, 2nd, and so on) for the graduating seniors at a high school would involve measurement on a(
    9·1 answer
  • An entrepreneur conducted many experiments in a project without success. What characteristic must this person have to succeed?
    5·2 answers
  • The national institute for standards and technology is within which federal agency?
    10·1 answer
  • The reserve requirement is​ 10%. Suppose that the Fed ​$ worth of U.S. government securities a bond​ dealer, electronically the​
    15·1 answer
  • 2. Selected data from the Carmen Company at year end are presented below: Total assets $2,000,000 Average total assets 2,200,000
    6·1 answer
  • A company purchases equipment for $32,000 cash. This transaction should be shown on the statement of cash flows under:________
    12·1 answer
  • Tim's employer offers him the option to buy 200 shares of the company for $250 a share. If the company has issued 40,000 shares,
    9·1 answer
  • On July 1, Lee Co. sold goods in exchange for a $200,000 8-month noninterest-bearing note receivable. At the time of the sale, t
    6·1 answer
  • Gene is looking for a loan so that he can buy a car. There are a few different banks where he can apply for a loan. What should
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!