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
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).

You might be interested in
Donna entered into an oral contract with Ava to purchase a house from Ava, with $500 per month payments for the next 10 years. D
Crank

Answer:

Oral contracts regarding the sale of real property are enforceable under the Statute of Frauds.

Explanation:

Another thing that supports Donna's case is that she spent money, time and possibly others resources remodeling the house because she relied on the validity of the oral contract.

4 0
3 years ago
If the economy is experiencing an inflationary gap, the Fed should conduct ______ monetary policy to ______ aggregate demand.
Romashka [77]
The answer is Contractionary and Decrease
6 0
2 years ago
What is a food technologist
Kay [80]

Answer:

Food technologists are responsible for the safe and efficient development, modification and manufacture of food products and processes.

Explanation:

6 0
3 years ago
Read 2 more answers
Suppose every student in a class is surveyed and it is found that? 75% of the class plans to take another math class. it is repo
Wittaler [7]
Based on the given sample above, I can say that it would be an example of a descriptive statistics. When we say descriptive statistics, this is the kind of statistics that uses numerical data based from the given sample in order to describe the population. This is different from inferential because inferential statistics creates inferences based on the given data. Hope this helps.
3 0
3 years ago
What makes Germany famous for their chocolates?
Ostrovityanka [42]
That make them with out coca beans
4 0
3 years ago
Other questions:
  • Suppose researchers at the University of Wisconsin discover a new vitamin that increases the milk production of dairy cows. If t
    14·1 answer
  • First, spend a couple of sentences summarizing the Concepts in Action video you watched this week. Then, answer the following. I
    8·1 answer
  • At the beginning of the meeting Kira does not properly lead the team during the ______ stage ofteam development. Therefore, the
    14·1 answer
  • Kevin meets with a young man who wants to start saving for his son’s college education. What is Kevin’s profession?
    10·2 answers
  • Most people are willing to fib every once in a while to be successful in their work.
    10·2 answers
  • During May, Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305. The total direct
    10·1 answer
  • ____ emphasized designing and managing organization on an impersonal, rational basis through such elements as clearly defined au
    11·1 answer
  • The following data were provided by Mystery Incorporated for the year ended December 31: Cost of Goods Sold $ 159,000 Income Tax
    9·1 answer
  • How does supply and demand factor into ticket prices
    8·1 answer
  • True or False: A company should capitalize advertising expenses if they are expected to produce long term benefits. Group of ans
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!