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vampirchik [111]
3 years ago
6

What is the net effect on a firm's working capital if a new project requires: $40,013 increase in inventory, $30,461 increase in

accounts receivable, $35,000.00 increase in machinery, and a $43,704 increase in accounts payable?a) +10,000.
b) +55,000.
c) +20,000.
d) -5,000.
Business
1 answer:
IrinaK [193]3 years ago
8 0

Answer: +$26,770

Explanation:

The Net Working capital is the difference between a company's current assets and its current liabilities.

Net Working capital = (Inventories + Accounts Receivables) - Accounts payable

= (40,013 + 30,461) - 43,704

= $26,770

= +$26,770

<em>The options are probably not for this question in particular. </em>

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jenyasd209 [6]
Investment banks help companies to purchase, sell and make investments using bonds while commercial banks are concerned on managing deposits on both savings and checking account.

Investment banks aid companies on bringing their investments on public offers; commercial banks are focused on providing security for the clienteles money.

Investment banks have some degree of freedom in choosing their own strategies while commercial banks have more risks because they are open to public transactions. 
4 0
3 years ago
Which of the following examples is NOT a trust indorsement?
konstantin123 [22]

Answer:

a. Rao indorses his payroll check in blank.

Explanation:

There are many types of indorsements, and out of them one is "Trust Indorsement"

Trust Indorsement is an indorsement to a person who can use the funds for the benefit of the indorser.

Example:

Brian indorses a check to his employee Denny  "Payable to Denny, as agent for Brian", This is an example of trust indorsment.

Option b and c are clearly examples of trust indorsements in which you can notice that Rao has indorsed his lawyer and accountant "as agent for Rao".

Whereas, option a is NOT a trust indorsment but rather a "Blank Indorsement"

Blank Indorsment is an indorsement that doesn't have any particular indorsee and only has a signature on it.

7 0
3 years ago
Most global firms find it is better to have expatriates rather than local staff at the management positions of their foreign ope
pshichka [43]

Answer:A True most global firms find it is better to have expatriates rather than local staff at management positions to their foreign operations because expatriates require less training and development.

8 0
3 years ago
The management of Wengel Corporation is considering dropping product B90D. Data from the company's accounting system appear belo
slamgirl [31]

Answer:

Net loss of $24,600

Explanation:

Sales              $773,900

Variable Expenses ($402,100)

Contribution Margin $371,800

Avoidable Expenses of B90D

Fixed Manufacturing Expenses        $186,000

Fixed Selling and Admin Expenses  %161,200

Total Avoidable expenses                 $347,200

If the product B90D is discontinued,the contribution margin of $371,800 will be lost by Wengel corporation and costs of $347,200 will be saved.

Therefore there will be net loss of $(371,800-347,200) $24,600 to the company if the product is discontinued.

3 0
2 years ago
In the space below, please tell us more about yourself. We are interested in hearing about your professional strengths, greatest
Sedaia [141]

Answer:

You introduce the following below:

1. Name

2. Your Educational Achievements

3. Your professional achievements related to the work.

4. Your marriage status.

5. Your hobbies.

Explanation:

Note,

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