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2 years ago

Which one of the following statements concerning net working capital is correct?

Business

1 answer:

Luda [366]2 years ago

7 0

Answer:

Explanation:

Net working assets is current assets less current liabilities

Current assets include cash, cash equivalents and inventory

Examples of current liabilities include accounts payables, short-term debt, accrued expenses, and dividends payable

When inventory is purchased with cash, inventory increases and cash reduces, thus there is no change in net working capital

Net working capital can be negative or positive.

If current assets is greater than current liabilities, it would be positive, if this is not the case, it would be negative.

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Economic Order Quantity computes:

Mamont248 [21]

Answer:

D: Optimum Order size

Explanation:

Economic Order Quantity (EOQ) is a formula applied in logistic and supply chain management to calculate a business's ideal order size. As the name suggests, the order EOQ provides an order quantity that makes economic sense.

Economies of scale suggest that a bigger order size is better because the business will save transport costs. However, ordering in large quantities increases the cost of holding stock. The economic order quantity strikes a balance between these two important factors.

7 0

2 years ago

Which of the following is NOT considered personal information?

Anastasy [175]

Can you reply to this with the options so i can answer ^^

5 0

2 years ago

what is the legal avenue for an owner who wants to dispose of his or her interest against the wishes of other co-owners?

Sedaia [141]

The legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

<h3>What is a Partition Suit?</h3>

A partition suit can be described as a way of seeking remedy to dispute in real estate ownership, whereby the co-owners do not seem to agree on keeping or selling a piece of property.

For a partition suit to be won, the co-owner must be in the right standing to even initiate one.

Thus, the legal avenue that an owner who wishes to dispose a piece of property as against the wishes of the other co-owners is: a partition suit.

Learn more about partition suit on:

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1 year ago

A real estate broker is employed by a buyer, as an agent. When the broker finds a property the buyer might be interested in buyi

Viktor [21]

Answer:

Disclosure.

Explanation:

In this scenario, a real estate broker is employed by a buyer, as an agent. When the broker finds a property the buyer might be interested in buying, the broker is careful to find out as much as possible about the property's owners and why the property is on the market. The broker's efforts to keep the buyer informed of all facts that could affect a transaction is the duty of disclosure. A disclosure is a legally binding agreement between the buyer and seller of a property, wherein the seller highlights all the information or details they know about the property for the purpose of enlightening and informing the buyer. It contains informations such as legal encumbrance, structural flaw, size of property etc.

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2 years ago

Via Gelato is a popular neighborhood gelato shop. The company has provided the following cost formulas and actual results for th

vlabodo [156]

Answer:

Via Gelato

Revenue and Spending Variances For the Month Ended June 30 :

Budget Actual Variances

Units sold 6,200 6,400 200 Favorable

Revenue $179,200 $171,540 $7,660 Unfavorable

Expenses :

Raw materials $40,000 $40,530 $530 Unfavorable

Wages $26,400 $26,300 $100 Favorable

Utilities $14,750 $15,000 $250 Unfavorable

Rent $4,200 $4,200 $0 Neither

Insurance $2,950 $2,950 $0 Neither

Miscellaneous $13,290 $12,890 $400 Favorable

Total expense $101,590 $101,870 $280 Unfavorable

Net operating income $77,610 $69,670 $7,940 Unfavorable

Explanation:

a) Revenue budget = $28 x 6,400 = $179,200

b) Wages budget = $7,200 + $3.00 x 6,400 = $26,400

c) Utilities budget = $3,230 + $1.80 x 6,400 = $14,750

d) Miscellaneous = $810 + $1.95 x 6,400 = $13,290

These flexible budgets were calculated for Via Gelato since it measures its activity in terms of the total number of liters of gelato sold. To obtain variances, items are compared on like terms.

3 0

3 years ago