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Stella [2.4K]
3 years ago
10

The Nelson Company has $1,312,500 in current assets and $525,000 in current liabilities. Its initial inventory level is $380,000

, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.2
Business
1 answer:
Sedbober [7]3 years ago
8 0

Answer:

company can value of $190909.1

Explanation:

Given data:

current assets = $1,312,500

current liabilities =  $525,000

initial inventory level is $380,000

current ratio = 2.2

current liabilities is calculated as = \frac{Current/ Assets}{current/ ratio}

plugging all value  in above relation

current liabilities= \frac{1312500}{2.2}

current liabilities = $ 596590.90

and we know  current liabilities is  $525,000. Thus company can value of $190909.1

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D

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d) variability

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3 years ago
If you started your own company selling iphone applications, what organizational structure would you create? why?
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I will create a combination of functional and project-based organizational structures.  I have selected the combination due to the following rationale.

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Opting for other structures will either focus on applications or sales. But, it will be ineffective as sales will not happen without applications and applications alone cannot generate good sales without proper marketing.

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____________ occurs when a seller takes on various digital identities by opening up several email accounts and bids on his or he
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