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Sedbober [7]
3 years ago
5

KCCO, Inc., has current assets of $4,200, net fixed assets of $23,400, current liabilities of $3,750, and long-term debt of $8,4

00.
1. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.)
2. How much is net working capital? (Do not round intermediate calculations.)
Business
1 answer:
sammy [17]3 years ago
3 0

Answer:

See below

Explanation:

1. Value of shareholder's equity is computed as

= Total assets - Current liabilities - long term debt

= [($4,200 + $24,400) - $3,750 - $8,400]

= $28,600 - $3,750 - $8,400

= $16,450

2. How much is net working capital

This is computed as;

= Total current asset - Total current liabilities

= $4,200 - $3,750

= $450

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Zigmanuir [339]

Answer:

$470

Explanation:

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6 0
3 years ago
What is the first thing you should do when a customer requests a sale item once you’ve determined that item is out of stock? Tel
ipn [44]

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Tell the customer when you store’s next delivery day is and to come back then Issue the customer a raincheck for the item that is out of stock

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7 0
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In the loanable funds model, an increase in an investment tax credit would create a a. shortage at the former equilibrium intere
Drupady [299]

Answer:

a. shortage at the former equilibrium interest rate. This shortage would lead to a rise in the interest rate.

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6 0
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rjkz [21]

Answer:

The correct answer is option a.

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6 0
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omeli [17]

Answer:

C. transactional

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In order to maintain this status quo, transactional leaders tend to use rewards and punishment.

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