Answer:
$93,500
Explanation:
Net Working Capital = Current Assets - Current Liabilities
Current Assets = Total Equity + Liability - Fixed Assets
= $218,700 + $141,000 - $209,800 = $149,900
Current Liability = $141,000 X 40% = $56,400
As out of total due 40% is payable within a year, which means it is current liability.
Net working capital = $149,900 (current assets) - $56,400 (current liability)
= $93,500
Answer:
The current price of the bond is $875.09
Explanation:
The bonds are priced based on the present value of the coupon payments that will be made on the bond till maturity, treated as an annuity, and the face value of the bond. The formula for the current price of the bond is,
Present Value of bond = PMT * [ 1-(1+r)^-n / r] + Face value / (1+r)^n
Where,
r is the market interest rate or yield to maturity
n is the number of years to maturity for an annual bond
PMT is the coupon payment or interest payment per year for an annual bond
PMT = 1000 * 0.038 = 38
Present Value of bond = 38 * [ 1-(1+0.047)^-23 / 0.047] + 1000 / (1+0.047)^23
Present value of the bond = $875.094 rounded off to 875.09
Answer: <em>The following is most likely to occur if Drive-in-Style Motors implements this plan:</em><u><em> Its component parts and sub-assemblies will be replenished only when needed.</em></u>
Here in this case the organization will implement a pull system, pull system is known as a manufacturing strategy that is utilized to bring down waste in the manufacturing process. In this, elements utilized in the manufacturing are replaced once they are consumed.
<u><em>Here, in this case the correct option is (b)</em></u>
Answer:
Ethnocentric
Explanation:
Ethnocentric policy is the staffing strategy used by multinational companies to assign key positions or managerial position to only home country´s nationals rather than local employee. It help in effective communication between host and home country, it allign the interest of home country with other host country, these policy help in smooth work flow and co-ordination with the headquarter. These companies does not differentiate in policy for foreign and domestic market.
Answer:
A. No, Chapter 7 bankruptcy is for the selling off of all the assets of the firm and ceasing all business operations.
Explanation:
In the chapter of Bankruptcy, chapter 7, the firm Gigantic Furniture is going to have its annual " Going Out of Business Sale". Now if the Gigantic Furniture is filing under the Chapter 7, it will not be back for the next year for an another going out of the business sale because Gigantic Furniture is selling off all of its assets and ceasing all its business operations.