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laila [671]
3 years ago
11

The 2017 balance sheet of Dream, Inc., showed current assets of $3,175 and current liabilities of $1,645. The 2018 balance sheet

showed current assets of $2,920 and current liabilities of $1,620.
What was the company’s 2018 change in net working capital, or NWC?
Business
1 answer:
Luda [366]3 years ago
4 0

Answer:

($230)

Explanation:

Net working capital = Current assets - Current liabilities

2017 Net working capital

= $3,175 - $1,645

= $1,530

2018 Net working capital

= $2,920 - $1,620

= $1,300

Change in net working capital

= $1,300 - $1,530

= -$230

Therefore the company's 2018 change in net working capital is ($230).

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A retail store has three departments, S, T, and U, and does general advertising that benefits all departments. Advertising expen
Andrew [12]

Answer: $22,500

Explanation:

First calculate the rate of allocation based on sales to determine how much of Department T's sales should be attributed to Advertising.

The Rate of Allocation based on Sales = Advertising Expense/Total sales

= 50,000/475,000

= 0.105263

= 10.5263%

This 10.5% can then be used to find out how much of Advertising to apportion to Department T based on department sales,

= Department sales * Allocation rate

= 213,750 * 10.5263%

= $22,500

$22,500 should be allocated to Department T.

8 0
3 years ago
Kinsi Corporation manufactures five different products. All five of these products must pass through a stamping machine in its f
marissa [1.9K]

Answer:

Also please mark brainslet and sorry if wrong. Have a blessed day!:)

Explanation:

All five of these products must pass through a stamping machine ... ... All Five Of These Products Must Pass Through A Stamping Machine In Its Fabrication Department. This Machine Is Kinsi's Constrained Resource. Kinsi Would Make The Most Profit If It Produces The Product That: A)

8 0
3 years ago
Most new jobs in the United States will be in the____.
iVinArrow [24]
C! service producing industries.
3 0
3 years ago
Read 2 more answers
What is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 8.6%, co
Burka [1]

Answer:

The answer is $86,167.57 (to 2 decimal places)

Explanation:

In this question, we are to calculate the present value of a certain amount that is compounded semiannually, and after 10 years, yields a future value of $200,000. To calculate this, we will use the formula for calculating present value as follows:

PV = FV ÷ (1+\frac{r}{n})^{n*t}

where:

PV = present value = ???

FV = future value = $200,000

r = interest rate in decimal = 8.6% = 0.086

n = compounding period pr year = semiannually = 2

t = time of compounding in years = 10

Therefore,

PV = 200,000 ÷ (1+\frac{0.086}{2})^{2*10}

PV = 200,000 ÷ (1.043)^{20} = $86,167.57

3 0
3 years ago
Which person would most benefit from homeowners insurance?
atroni [7]

The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

<h3>What is insurance?</h3>

Insurance can be described as the way of  managing your risk when someone subscribe to  insurance,  then the  protection against unexpected financial losses is been gotten.

Hence, The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

Therefore , option D is correct.

Learn more about insurance at:

brainly.com/question/25855858

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4 0
2 years ago
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