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Veseljchak [2.6K]
3 years ago
12

current assets and current liabilities were $100 million and $40 million, respectively. The prior year, 2018, Jones and Co. repo

rted current assets and current liabilities of $80 million and $30 million, respectively. What is Jones and Co.'s Working Capital for 2019
Business
1 answer:
Murrr4er [49]3 years ago
5 0

Answer:

$60 million

Explanation:

Working capital is the amount of resources at the disposal of a firm in order to run its day-to-day activities.

Working capital is determined by deducting total current liabilities from total current assets

Jones and Co.'s working capital for the year 2019 is the difference between the current assets for 2019 and the current liabilities for the same year

current assets is $100 million

current liabilities is $40 million

working capital=$100 million-$40 million=$60 million

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Answer:

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Explanation:

understanding- she should look for someone who is understanding of her money and her time, with out that the financial advisor could be very careless

communication- they should be able to communicate with her about her money if there is ever a problem, and when she has the right amount to get her goal.

6 0
3 years ago
The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent. If you invest $58,500 in this fund, what is the dollar a
astra-53 [7]

Answer:

$1070.55

Explanation:

Expense ratio is the fee charged by fund managers for managing your investment.

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Hope this helps.

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How might a technology company like apple ensure that it behaves in a socially responsible way toward its customers? by protecti
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7 0
3 years ago
Read 2 more answers
On March 1, Pimlico Corporation (a U.S.-based company) expects to order merchandise from a supplier in Sweden in three months. O
luda_lava [24]

Answer and Explanation:

The computation is shown below:

a. As a premium expense

= ($0.460 - $0.44) × 695,000

= $13,900

b. As a difference of 3 months spot rate and spot rate

= ($0.455 - $0.44) × 695,000

= $10,425

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What is the opposite of a non convertible currency?
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3 years ago
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