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Novay_Z [31]
3 years ago
13

Carla Vista Electronics reported the following information at its annual meetings: The company had cash and marketable securitie

s worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,184,800, accounts receivables of $3,472,300, short-term notes payable worth $1,136,100, and other current assets of $121,455. What is the company's net working capital
Business
1 answer:
adell [148]3 years ago
6 0

Answer:

$6,718,553

Explanation:

Working capital is the net of current assets (Inventory, account receivables, Cash etc) and current liabilities (Accounts payable, short term notes payable etc).

It is a financial measure that gives insight into how liquid a company is. .

As such, the company's working capital

= $1,235,455 - $4,159,357 + $7,184,800 + $3,472,300 - $1,136,100 + $121,455

( the signs are positive for assets and negative for liabilities)

= $6,718,553

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The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ
Fynjy0 [20]

Answer:

d) It is a use of cash, and will be shown in the investing section as a subtraction.

Explanation:

The plant improvements will result in cash outflow and is to be considered as an investing activity and not financing activity. It is not a source of cash. So, this option is incorrect.

There will be cash outflows when a company makes plant improvements. It is reported under the investing activity and not under financing activity. So, this option is incorrect.

There will be cash usage when their plant improvements. It is not a source of cash which does not result in cash inflows. So, this option is incorrect.

6 0
3 years ago
Brenda says her assets are definitely greater than her liabilities. which explains whether brenda is correct? brenda is correct
yuradex [85]

Brenda is not correct because the total value of her assets could be less than the liabilities.

<h3>What are liabilities?</h3>

A liability is an obligation that a person or business has, typically financial in nature. Over time, liabilities are resolved by the transmission of economic advantages like cash, products, or services.

Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.

Assets can be contrasted with liabilities. Assets are items you own or owe money to, whereas liabilities are debts or other obligations.

An obligation between two parties that has not yet been fulfilled or paid for is generally referred to as a liability.

Learn more about liabilities

brainly.com/question/14921529

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3 0
2 years ago
Who is the First african american millionaire invented black hair care products?
Shalnov [3]

Answer: Madam C. J Walker

Explanation: Madam C.J Walker was an entrepreneur, who made her fortune from the manufacture of hair care product for blacks through her company named Madam C. J Walker manufacturing company situated in Indianapolis, Indiana. She was regarded as the first African American millionaire, earning her fortune through her entrepreneurial skill. She's fondly renowned for her philanthropic accomplishments and contribution towards the African American community.

6 0
3 years ago
occurs in markets with a high concentration of sellers. Any price offered by one company will be matched by its competitors in o
Vera_Pavlovna [14]

Answer:

The answer would be PRICE SIGNALING

Explanation:

Price signaling may occur when consumers have  imperfect information about product quality. To infer quality, consumers may rely on previous experience or may use some of the product’s observable characteristics, such as  the product’s price. We examine the scenario whereby the firm can endogenously change  consumers’ beliefs about the product’s quality by altering both the price and quality of its product. Our main findings are that, in this type of setting, price signaling causes  the firm to raise its price, lower its quality, and dampen the degree to which it responds to cost shocks. If the cost of adjusting quality is sufficiently high, the dampening effect  is pronounced in the downward direction, meaning that price signaling  causes prices to  respond less to cost decreases than cost increases.

8 0
3 years ago
Which of the following is true about mortgage-backed securities? I) They aggregate individual home mortgages into homogeneous po
quester [9]

Answer:

I ,II and IV

Explanation:

Mortgage backed securities are either a claim for equity in a pool of mortgages, or a duty secured by a pool. Such claims reflect home loan securities. Loans borrow from mortgage lenders and then sell bundles of those loans on the resale market.

Specifically, once those loans are paid off, they sell their claim to the mortgage cash inflows. The issuer of the mortgage needs to maintain the loan, receiving principal and interest payments, and transfers those payments on to the mortgage borrower.

Therefore according to the given situation the correct answer is I, II, IV

6 0
3 years ago
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