Working capital is calculated by subtracting current liabilities from current assets shown on a company's balance sheet. Current assets include cash, accounts receivable and inventories. Current liabilities include accounts payable, taxes, wages and accrued interest.
Working capital is calculated by subtracting current assets from a company's current liabilities. For example, if a company has current assets of $100,000 and current liabilities of $80,000, its working capital is $20,000.
To calculate the working capital requirement, the following formula can be used: Working Capital (WC) = Current Assets (CA) – Current Assets (CL).
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Answer:
A. Inelastic
B. a less than 10% increase in quantity supplied
Explanation:
A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.
A supply is inelastic if the price elascitiy is less than 1.
Answer:
Government authorities :
They will use the financing statement to ensure the fairness of the business and to receive proper amount of tax.
Investors :
Current or potential investors would check financial statements to ensure they will suitable returns after investment.
Creditors :
They will check financial statements to make sure they get their due money back.
Employees :
The employees will ask for bonus if the company performance in statements is good,
I believe the answer is: The furnace is a fixture, but the washer and dryer are not.
Fixtures refers to a set of objects whose position is completely fixed and could not be removed unless by destroying a part of the building. Washer and Dryer are not fixed to any wall of the building and can be moved simply by the cooperation of two people or with the helps of stroll.
