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
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

You might be interested in
Which of the following best describes the journal entry to record the withdrawal of raw materials from the storeroom for use as
Alborosie
D. Debit work in process debit manufacturing overhead …..
8 0
2 years ago
The ______ of real estate markets makes it impossible to generalize the impact events in other areas will have on real estate va
goldenfox [79]

Answer: uniqueness

Explanation:

8 0
2 years ago
Despite your numerous emails and voicemail messages, a normally dependable vendor has not responded to your important question.
Bogdan [553]

Answer:

A) Consider sending a printed message.

Explanation:

According to the scenario, the most sensible step to get an important response from a supplier after the supplier has not responded would be to send a printed message.

This option would be ideal among the other alternatives above, as it demonstrates that you understand that the supplier may not have seen or been aware of your question, even if numerous e-mails have already been sent, and still awaits an answer , in accordance with professional and ethical communication standards.

8 0
2 years ago
Although Elton Mayo originally intended to collect data for a traditional scientific management study, his breakthrough research
erastovalidia [21]

Answer:

True

Explanation:

George Elton Mayo was well known for his theory about the human relations management which shed lights on things that drive employees motivation. The theory also tells about the factors which affects the productivity of employees, this lead to extensive research in this field which extended the field of human relations management. So it is true that scientific management study has a great contribution from Elton Mayo that lead to further studies of factors that increases the productivity of the employees.

4 0
3 years ago
g Mr. and Mrs. David file a joint tax return. They have $169,300 taxable income in 2020, $120,300 of which is ordinary income an
Paul [167]

Answer:

$5,860

Explanation:

Computation for their tax savings from the preferential rate

First step is to calculate their tax liability

Using this formula

Tax liability =[Tax amount on $169,300 ordinary income-(Tax Amount on $120,300 ordinary income +Tax amount on $49,000 preferential income)]

Let plug in the formula

Tax Savings=[$35,648-($22,438+$7,350)]

Tax Savings=$35,648-$29,788

Tax Savings=$5,860

Therefore their tax savings from the preferential rate is $5,860

8 0
3 years ago
Other questions:
  • Vladimir is a manager at Auttowort Inc., an automotive plant in the United States. Auttowort has started expanding to other coun
    5·1 answer
  • define free market system and identify and describe at least three of its major concepts or attributes
    6·1 answer
  • On January 15, 2016, Bravo Company purchased $4,000 of construction supplies, on account, from the Zulu Company. Prepare Bravo C
    10·1 answer
  • Bev is opening her own court-reporting business. She financed the business by withdrawing money from her personal savings accoun
    7·1 answer
  • There are several methods to maximizing the marketing value of​ e-mails. using​ e-mail campaigns that can be carried out​ quickl
    10·1 answer
  • Which of the following is the correct formula to compute the predetermined overhead rate?A. Estimated total units in the allocat
    13·1 answer
  • Portions of the financial statements for Peach Computer are provided below.
    6·1 answer
  • 1. Give an example of appropriate communication with a customer and an example of appropriate communication with an employer.
    10·1 answer
  • What do americans consider to be a signal of progress in a business negotiations with foreigners?
    15·1 answer
  • a project requires an investment of $1,400 and has a net present value of $400. if the internal rate of return is 12%, what is t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!