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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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1. Shareholders must approve any corporate decision that would cost more than $10,000. a. True b. False 2. A corporation must no
Lemur [1.5K]

Answer:

Please find the detailed answer below

Explanation:

1. False. Shareholders dont approve operational or tactical corporate decision. Some of the decisions that shareholders approve are:

Appointment of auditors (if there are any)

Appointment or re-appointment of directors.

Removal of a director or the auditor etc.

2. Companies must notify shareholders at least 10 days before the Annual General Meeting date.

3. This is known as proxy solicits

4. A QUORUM must be present, either in person or through proxies

5. Only persons whose names appear on the company's stockholder records as owners are entitled to vote

3 0
3 years ago
Bob, a weak swimmer, ignored warning signs in a recreational swimming area and went into deep water. He soon tired and realized
stich3 [128]

Answer: The correct answer is "b. lose because Kelly had no legal duty to rescue him."

Explanation: Bob will lose because Kelly had no legal duty to rescue him,

While Kelly could have had a better attitude and at least tried to save him, she had no obligation to rescue him from the position he was in because of himself since Bob ignored the warning signs.

8 0
4 years ago
A manager with many direct subordinates has a wider than does a manager with only a few subordinates.
puteri [66]
The answer that will fill in the sentence is that, what comes next to wider is 'wider span of control'. It is because a manager who has direct subordinates has a wider span of control because he or she has a lot of people to be connected with and to assist him or her in handling things and doing things that made him or her have a wider control rather than those who only has few.
5 0
3 years ago
Mandesa, Inc., has current liabilities of $8 million, current ratio of 2 times, inventory turnover of 12 times, average collecti
Brut [27]

Answer:

The answer is: Cash and marketable securities $5,406,393

Explanation:

We have:

+ Current ratio = Current asset / Current liabilities = 2; with Current liabilities is given at $8 million => Current asset is $16 million;

+ Current asset = Inventory + Account Receivable + Cash and marketable securities <=> Cash and marketable securities = $16 million - Inventory - Account Receivable ( as current asset is calculated above at $16 million)

+ Average collection period = Account Receivable/ Credit Sales x 365 <=> Account Receivable = Average collection period/365 x Credit sales = 30/365 x 64 million = $5,260,274

+ Inventory turnover = Sales / Inventory <=> Inventory = Sales/ Inventory turnover = 64 million / 12 = $5,333,333

=> Cash and marketable securities = 16,000,000 - 5,333,333 - 5,260,274 = $5,406,393.

5 0
3 years ago
_ is a method of measuring the effectiveness of altering one characteristic of a marketing asset such as a web page, a banner ad
Yuri [45]

A/B Test is a method of measuring the effectiveness of altering one characteristic of a marketing asset such as a web page, a banner advertisement, or an email.

More about A/B Test:

In data science an elementary randomised control experiment is A/B testing. It is a method for contrasting two variations of a variable to see which performs better in a regulated setting.

Let's say, for example, that you run a business and want to boost product sales. You could divide the products in the aforementioned scenario into A and B parts. Here, A won't change, but you can significantly alter B's packaging. You now attempt to determine which is performing better based on the responses from customer groups who used A and B, respectively.

It is a hypothetical testing procedure in data science used to make judgments about population parameters based on sample statistics.

Learn more about data science here:

brainly.com/question/21804624

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8 0
3 years ago
Read 2 more answers
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