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kaheart [24]
3 years ago
9

Why is working capital management one of the most important and time-consuming activities of the financial manager? What is net-

working capital?
Business
1 answer:
dybincka [34]3 years ago
7 0

Answer:

Working capital is essential to a company's fundamental health and operational success. It helps in maintaining a solid balance between growth, profitability and liquidity.

Net working capital is the difference between a business/ company's current assets and current liabilities or debts.

Current assets are cash, accounts receivable and inventories of raw materials and finished goods

Current liabilities are accounts payable.

Explanation:

Working capital helps to maintain smooth operations and help improve a company's earnings and profitability and it includes:

1. Inventory management

2. Management of accounts receivable and account payable.

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select the correct answer. which type of work would include providing advice to managers on how to reduce the organization’s cos
notka56 [123]

H.R manager includes providing advice to managers on how to reduce the organization’s costs.

An HR manager is a member of staff who oversees all activities related to hiring and selection, training and development, employee relations, and salary and benefits for the company.

Therefore, the HR manager would advise management on how to lower the costs of the company, particularly in areas like compensation and benefits, training, and development.

Managers of human resources plan, organize and oversee an organization's administrative operations. They supervise the hiring, interviewing, and onboarding of new employees, assist chief executives with strategic planning and act as a liaison between management and personnel in a business.

Learn more about HR Managers here:

brainly.com/question/25806768

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7 0
2 years ago
You have been assigned the task of using the corporate, or free cash flow, model to estimate Petry Corporation's intrinsic value
Oxana [17]

Answer:

$40 million

Explanation:

The computation of stock price is shown below:-

For computing the stock price first we need to compute the firm value which is below:-

Firm value = Free cash flow-1 ÷ (Weighted average cost of capital - Growth rate)

= $70.0 million ÷ (10% - 5%)

= $70.0 million ÷ 5%

= $1,400 million

Stock price = (Firm value - Debt) ÷ Number of shares

= ($1,400 million - $200 million) ÷ 30 million

= $1,200 million ÷ 30 million

= $40 million

6 0
3 years ago
If Jordan makes only the minimum monthly payments in March, April, and May, what will his balance be after he makes the minimum
Mariulka [41]

Answer:

b. $988. 97 

Explanation:

6 0
3 years ago
On September 1, 2019, Westwood Builders borrowed $200,000 from Colorado State Bank by issuing a 7-month, $200,000, 6% note. West
attashe74 [19]

Answer:

A.

Notes Payable 200,000

Interest Payable 7,000

Cash 207,000

Explanation:

The Journal entry is shown below:-

Notes payable Dr,       $200,000  

Interest payable Dr,     $7,000  

       To Cash                        $207,000  

(Being pay off the note and interest at maturity is recorded)

Therefore for recording the pay off the note and interest at maturity we simply debited the notes payable and interest payable as it decreases the liability and we credited the cash as it also decreasing the assets.

7 0
3 years ago
When a person whose duty is conditional leads the other party to rely on his noninsistence on the condition, the condition will
Tems11 [23]
The condition will be excused because of ESTOPPEL. Estoppel is an obstruction which prevents a person from asserting a right or denying a fact. The obstruction is normally due to the person action, conduct or failure to act. The principal aim of estoppel is to prevent injustice due to inconsistency or fraud. Estoppel is of two types: equitable and legal estoppel. 
3 0
3 years ago
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