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
Levart [38]
3 years ago
15

Rousey, Inc., had a cash flow to creditors of $16,380 and a cash flow to stockholders of $6,740 over the past year. The company

also had net fixed assets of $49,380 at the beginning of the year and $56,740 at the end of the year. Additionally, the company had a depreciation expense of $11,940 and an operating cash flow of $50,265. What was the change in net working capital during the year?
Business
1 answer:
shutvik [7]3 years ago
4 0

Answer:

$7,845

Explanation:

Calculation for What was the change in net working capital during the year

First step is to calculate the Cash flow from assets

Cash flow from assets = $16,380 + 6,740

Cash flow from assets= $23,120

Second step is to calculate the Net capital spending

Net capital spending = $56,740 − 49,380 + 11,940

Net capital spending = $19,300

Now let calculate the Change in net working capital

Change in net working capital = $50,265 − 19,300 − 23,120

Change in net working capital= $7,845

Therefore the change in net working capital during the year will be $7,845

You might be interested in
In reviewing the firms whose stocks comprise the Dow Jones Industrial Average, we discover: a) There is an even mix between big
Svetach [21]

Answer:

C, is the correct answer.

Explanation:

7 0
3 years ago
Page(s) 13-14 1.2. What are five foundations of economics? Arshad is trying to choose his college major. His options are physics
Marizza181 [45]

Answer:

Physics

Explanation:

Opportunity Cost

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice.

Since Arshad is concerned about his mid-career salary, Physics has the highest mid-career salary among the options, therefore opportunity cost of choosing to major in communications would be Physics

7 0
3 years ago
What is the SNAP food program governed by the farm bill
nevsk [136]

Answer:

The Supplemental Nutrition Assistance Program (SNAP) helps families, older adults, and individuals pay for groceries. ... SNAP benefits provide food security, stimulate local economies, and support farmers and the agriculture industry through the purchases of Pennsylvania-grown and processed foods.

Explanation:

3 0
3 years ago
You are trying to concentrate during an examination but you get distracted by the sound of another student tapping her pencil on
VLD [36.1K]

Answer:1) Selective attention/comprehension.

Explanation: Information processing model is a model developed by cognitive psychologist to describe how humans manage Information,this model sees the human mind as a computer,it states that the human mind receives Information,stores and analyse it on a later time.

Selective attention is a concept in Psychology which describes the various steps or processes put in place to avoid unimportant, unnecessary and unwanted Information or Communication and focus fully on a selected Information or Communication.

8 0
3 years ago
True or false. The financial crisis hastened the ongoing process in which the financial services industry was transforming from
drek231 [11]

True.The financial crisis hastened the ongoing process in which the financial services industry was transforming from having a few large firms to many small firms.

Explanation:

The financial crisis broke the back of many big firms especially working the stock market and exchange. Financing services were being handled by big behemoths during the time that harbored a lot of space in the industry and did not allow smaller firms to take over the tasks and succeed in their stead.

The crisis made it impossible for their business models to sustain and no one could afford a hefty sum for financial services so smaller companies with less operational costs took their place.

5 0
3 years ago
Other questions:
  • One common strategy for attracting the most buyers, which can be accomplished through several tactics, is:
    15·1 answer
  • A loan period does not affect the total cost of a loan
    8·2 answers
  • In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision
    15·1 answer
  • A fire has destroyed a large percentage of the financial records of the Inferno Company. You have the task of piecing together i
    14·1 answer
  • An example of consumer spending when calculating the GDP using the expenditures
    12·1 answer
  • 1. XYZ Co. incurred the following costs related to the office building used in operating its sports supply company: a. Replaced
    9·1 answer
  • Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
    5·1 answer
  • Training is a skill learning process.​
    11·1 answer
  • Which of the following is not an form of money that was traded
    10·1 answer
  • Identify which statement is true of specialty products. a. They are made directly available to a consumer through direct mail. b
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!