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bearhunter [10]
3 years ago
9

The Card Shoppe needs to maintain 21 percent of its sales in net working capital. Currently, the store is considering a four-yea

r project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. What amount should be included in the project analysis for net working capital in Year 4 of the project
Business
1 answer:
Annette [7]3 years ago
3 0

Answer:

$13,650

Explanation:

The computation of net working capital recovery is shown below:-

Net working capital recovery = (Sales in the 4th year of the project  - Sales before the project) × Sales percentage

= ($414,000 - $349,000) × 21%

= ($414,000 - $349,000) × 0.21

= $65,000 × 0.21

= $13,650

Therefore for computing the net working capital recovery we simply applied the above formula.

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An employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day. True or false?.
padilas [110]

It is true that an employee time ticket is an hour-by-hour summary of the employee’s activities throughout the day.

A time ticket is used to track the hours for which an employee will be paid in the upcoming payroll. Employees' time tickets are reviewed and approved by a supervisor at the closing of each pay period. After which the payroll team use them to calculate the hours worked by an employee. This serves as a basis for calculating gross pay.

When an employee clocks in or out, they generally put a time ticket into a time clock that are printed in an oblong, thick paper shape. Usually time tickets are physical cards that are stamped with beginning and ending times of employees work days. The payroll accountant or bookkeeper creates time tickets after the pay month has ended.

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7 0
1 year ago
Dividends-R-Us, Corp. is paying a dividend of $3 a share today. It is expected that the company will continue its policy of incr
leonid [27]

Answer:

Amount for each stock to be paid at maximum = $54

Explanation:

Using Dividend growth model, we have,

P_0 = \frac{D_1}{K_e - g}

Where P_0 = Expected price of share today

D_1 = Dividend to be paid at this year end

= D_0 + g

K_e = Required return on investment

g = Growth rate

Therefore,

D_1 = = $3 + 8% = $3.24

P_0 = \frac{3.24}{0.14-0.08}

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Therefore, current price for this share or sock to be paid = $54 per share.

5 0
3 years ago
When both producers and consumers experience a surplus, the market is demonstrating efficiency?
Tcecarenko [31]

If both consumers and producers are experiencing a surplus the market is efficient

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3 years ago
on june 30, the company lends it chief financial officer $44,000; principal and interest 7% are due in on one year. what journal
julsineya [31]
A because only real one
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2 years ago
If the firm had a pronounced seasonal sales pattern or if it grew rapidly during the year, how might that affect the validity of
Lerok [7]

Answer:If the firm had sharp seasonal sales patterns, or if it grew rapidly during the year, many ratios would most likely be distorted.

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A consistent flow pattern is desired in an economy and in business Organisation as it helps to give Economic watchers enough confidence in the ratios already existing.

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