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charle [14.2K]
3 years ago
13

The December 31, 2009, balance sheet of Anna’s Tennis Shop, Inc., showed current assets of $2,584 and current liabilities of $1,

191. The December 31, 2010, balance sheet showed current assets of $2,644 and current liabilities of $1,048. What was the company’s 2010 change in net working capital, or NWC?
Business
1 answer:
Igoryamba3 years ago
6 0

Answer: ($203)

Explanation:

The company’s 2010 change in net working capital will be calculated thus:

Net working capital = current assets - current liabilities

For 2009, net working capital will be:

= $2,584 - $1,191

= $1393.

For 2010, net working capital will be:

= $2,644 - $1,048

= $1596

Change in net working capital will be:

= $1393 - $1596

= ($203)

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Ashley is considering the purchase of a stock that has just paid a dividend of $0.72, today. The dividend is expected to grow at
arlik [135]

Answer:

$10.28

Explanation:

<u>Step 1. Firstly we use the of the The dividend discount model (DDM)</u>

This calculation is: D1 = D0 x (1 + g)

D1 = $0.72 x (1 + 2.8%) = $0.74.

Where

Do = Dividend now

D1 = Dividend in year 1

g = growth

<u>Step 2 Next, using the Gordon Growth Model, </u>

Price per share is found to be D(1) / (r - g)

Price = $0.74 / ( 10% - 2.8%) = $10.28

where:

Do = Dividend now

D1 = Dividend in year 1

g = growth

r = required return

7 0
3 years ago
Assume that Maia spends all of her income on halvah (H) and pomegranates (P) and is purchasing the optimal consumption bundle. I
mamaluj [8]

Answer:

The correct answer is:

$4 (D.)

Explanation:

From the question, we are told that:

the price of halvah (MUH)= $12

the price of pomegranates (MUP)= ????

Next, we are also told that the optimal consumption ratio of MUH to MUP = 3

This means that the Mauginal Utility of halvah (H) to the marginal utility of pomegranates (P) = 3

MUH/MUP = 3

12/MUP = 3

MUP = \frac{12}{3} = 4

MUP = $4

5 0
3 years ago
Suppose that a university decides to spend $1 million to upgrade personal computers and scientific equipment for faculty rather
Vladimir [108]

Answer:

<u>Opportunity cost </u>

Explanation:

Suppose that a university decides to spend $ 1 milion to upgrade personal computers and scientific equipment for faculty rather than spend $  million to expand parking for students . This example illustrates<em><u> opportunity costs.</u></em>

<em>Opportunity cost refers to the cost shifting one opportunity to another opportunity or availing one opportunity in terms of another.</em>  

Formula of Opportunity cost is :

<u>Opportunity cost</u>    =  Total Revenue - Economic Profit

                                    Or

<u>Opportunity cost </u>  = What one sacrifice / What one gain

In Opportunity cost we chose one thing or option over the cost of another thing or option. Opportunity cost places a important role in economic theory .

As it tell us that people can choose only one thing not the both things at the sane time.

3 0
3 years ago
Process activity analysis roen company incurred an activity cost of $105,600 for inspecting 40,000 units of production. manageme
Margaret [11]

Answer:

The answer is $2.64 per unit  and $13.2%

Explanation:

Solution

Given that:

The formula for calculating inspection activity of inspection before improvement is stated below:

Inspection Activity before Improvement = Total Activity Cost/Total Units of Production

Using the values provided in the question, we have,

Inspection Activity before Improvement = 105,600/40,000 = 2.64 per unit

Now,

he formula for calculating inspection activity after improvement is given below:

Inspection Activity after Improvement = (Total Activity Cost*Inspection Activity Percentage)/Total Units of Production

Using the values provided in the question, we get,

The Inspection Activity after Improvement = (105,600*5000)/40,000 = $13,200 per unit or $13.2 per unit

4 0
3 years ago
Maria, a supervisor at a petrochemical plant, asks the plant superintendent to hire an additional worker whenever overtime hours
Serggg [28]

Answer:Maria, a supervisor at a petrochemical plant, asks the plant superintendent to hire an additional worker whenever overtime hours for the previous month increase by more than 15 percent over the headcount. It is a programmed decision.

Explanation:

It is an example of a programmed decision. It is a decision that is actually repeated and we can take it easily by those rules of a business that have already been established.

These are the routine decisions that can be taken easily without wasting time. Like Maria asked the plant superintendent to hire an additional worker whenever overtime increases more than by 15% over the headcount. So it a routine decision.

3 0
3 years ago
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