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
bekas [8.4K]
3 years ago
10

Bonner Automotive has shareholders' equity of $218,700. The firm owes a total of $141,000 of which 40 percent is payable within

the next year. The firm has net fixed assets of $209,800. What is the amount of the net working capital?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

$93,500

Explanation:

Net Working Capital = Current Assets - Current Liabilities

Current Assets = Total Equity + Liability - Fixed Assets

= $218,700 + $141,000 - $209,800 = $149,900

Current Liability = $141,000 X 40% = $56,400

As out of total due 40% is payable within a year, which means it is current liability.

Net working capital = $149,900 (current assets) - $56,400 (current liability)

= $93,500

You might be interested in
When elasticity of demand is equal to one and the change in the quantity demanded and the change in price are exactly proportion
tatyana61 [14]

Answer:

The correct answer is: unitary elasticity.

Explanation:

Unitary elasticity takes place when the change in quantity demanded of a good or service represents a proportional change in price. Under this scenario, the elasticity -<em>measure of how prone is to react a good or service in price due to change in other factors, ceteris paribus</em>- equals to 1.

6 0
3 years ago
Waste includes any misuse of resources, such as the overuse of services or other practices that directly or indirectly result in
tekilochka [14]

Answer:

True

Explanation:

5 0
3 years ago
An aggregate production function shows​ ________. A. the relationship between a​ country's output and its price level B. various
Maru [420]

Answer:

The correct answer is letter "C": the relationship between a​ country's GDP and its factors of production.

Explanation:

The Aggregate Production Function describes the relationship between a country's Gross Domestic Product (GDP) and the factors of production involved in it. Aggregate Production functions are considered physical and human capital, labor, knowledge, social infrastructure, and natural resources. Production increases as a result of increases in capital, natural resources, and labor.

3 0
2 years ago
Imagine you live on the planet Krypton. The loanable funds market on Krypton is thriving and life is good. However, the planet i
sergij07 [2.7K]

Answer: fall; decrease

Explanation:

People save in order to be able to consume in future. If it is discovered that there will be no fixture, there would be no need to save. The supply of loanable funds would therefore decrease as people stopped saving.

Because there is reduced loanable funds, less investments would be done as these require loanable funds. With less investments being done, the economic output will decrease.

5 0
2 years ago
An investment costs $5,200 today. this investment is expected to produce annual cash flows of $2,100, $1,300, $1,800 and $1,200,
worty [1.4K]
5,200 + 21,000 + 1,300 + 1,200 = 10,400 ÷ 10 totally investment 1,040 %
3 0
3 years ago
Other questions:
  • Nu-Tek is expanding rapidly. As a result, the company expects to pay annual dividends of $.62, .80, and $1.05 per share over the
    6·1 answer
  • What is the primary importance of benefits 1 and 2 as discussed in "The Pros and Cons of Patents"
    9·2 answers
  • You have two options for credit cards. Option one offers a fixed annual percentage rate of 17%. Option two offers you an introdu
    15·2 answers
  • Which type of tort happens when you unfairly damage another company's reputation?
    6·1 answer
  • The following transactions occur for Badger Biking Company during the month of June:
    14·1 answer
  • The accounting records of Tuel Electronics show the following data.
    11·1 answer
  • Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and mate
    15·1 answer
  • Swifty Corporation was started on April 1 by R. S. Francis and associates. The following selected events and transactions occurr
    13·1 answer
  • Pappy Corporation received cash of $36,000 on September 1,2017 for one year's rent in advance and recorded the transaction with
    13·1 answer
  • What does the government have to do with public sector ?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!