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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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Cash Discount Calculations On June 1, Meadow Company sold merchandise with a list price of $40,000. For each of the sales terms
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Answer:

    Credit Terms     Date Paid     Amount received

1       2/10,n/30         June 8            $39,200

2      1/10, n/30         June 15           $40,000

3      1/15, n/30         June 14           $39,600

4              n/30        June 28           $40,000

Explanation:

Sales are made on June 1 with list price $40,000

1.

June 8

The receipt is within the discount period of 10 days, so the amount received will be net of 2% discount as follow

Amount Received = $40,000 x ( 1 - 2%) = $39,200

2.

June 15

The receipt is after the discount period of 10 days, so the full amount will be received as follow

Amount Received = $40,000

3.

June 14

The receipt is within the discount period of 15 days, so the amount received will be net of 1% discount as follow

Amount Received = $40,000 x ( 1 - 1%) = $39,600

4.

June 28

There is no discount offered in this term and credit period of 30 days is given. The cash receipt is within the credit period, So the full amount will be received as follow

Amount Received = $40,000

4 0
3 years ago
The following costs were incurred in May:
algol13

Answer:

d. $55,600

Explanation:

Direct Labor = $34,000

Manufacturing Overhead Cost = $21,600

Conversion Cost = Direct Labor + Manufacturing Overhead Cost

Conversion Cost = $34,000 + $21,600

Conversion Cost = $55,600

So, the conversion costs during the month totaled $55,600.

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3 years ago
The literacy rate is ____.
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Answer: the proportion of a country's people that can read and right

Explanation:

originally literacy rate is based on the number of LITERATE persons in a give age group.

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If a supply chain manager can reduce inventory while keeping the flow rate constant, what does little's law predict will happen
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If a supply chain manager can reduce inventory while keeping the flow rate constant, little's law predicts flow time will go down.

Little's Law is a theorem that calculates the average number of items in a stationary queuing system based on an item's average waiting time and the average number of items arriving at the system per unit of time.

The law establishes a straightforward and obvious method for evaluating the efficiency of queuing systems.

The notion is extremely important for business operations since it states that the number of items in the queuing system is determined primarily by two essential variables and is unaffected by other factors such as service distribution or service order.

Hence, the answer is that the flow time will go down.

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After several years of study as a part-time student, Alex recently earned a degree in marketing at a local college. The growth i
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