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
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)

You might be interested in
(1 point) Why does the journalist think Enron's stock is overvalued?
antiseptic1488 [7]

Hi, you've asked an incomplete question. However, I provided some explanation.

<u>Explanation:</u>

Note, in the stock/asset trading market, the term <em>'stock/asset is overvalued' </em>is used when the worth of a particular asset or stock is overestimated; in other words having a stock price that is too high considering the projects/company's usefulness.

Hence, the journalist's comments may have been based on this observation.

6 0
3 years ago
Suppose the economy is operating at a point where output is less than the natural level of output. Which of the following statem
laiz [17]

Answer: a) the price level is less than the expected price level.

Explanation:

When the actual output in an economy is lower then the natural output it is called a Contractionary Gap and the price level will be lower.

This is because the Short Run Aggregate Supply Curve and the Demand curve will intersect at a lesser quantity which will equate to a lower price as well because the economy is producing less and the people are demanding less as well so the point at which they meet will be a lesser price.

3 0
3 years ago
Which of the following is the principle of management dedicated to the structuring of resources to support the accomplishment of
yaroslaw [1]

Answer:

a. organization

Explanation:

There are basic five principal of Management:

  • Planning
  • Organization.
  • Controlling
  • leading
  • Staffing

These basic five principal make an average manager to a successful manager.

Planning in management play a vital role as it is about choosing the right process and active objective of organization.

Organization is about structuring of resources and managing relationship with worker to acchieve organization´s goal.

Leading is about inspiring and motivating others in the organization to make vision of organization realistic and achievable.

Staffing is about recuiting and allocating right person at a right job.

Controlling is about evaluating the process and goal of organization.

6 0
3 years ago
A marketing plan includes this marketing objective: "Create positive feelings about our brand." What is the main problem with th
Over [174]
I think is C.
it is not specific and measurable.
4 0
3 years ago
Read 2 more answers
Percy’s GPA is 2.75, so he should list it on his résumé. T/F
timama [110]
In filling up a resume, there are questions that are basic and necessary that a person should feel up to satisfy the qualifications that the client is looking for. But in terms of GPA, like Percy's. It is not appropriate to put it on the resume unless if asked or needed. But most of the time, it is not needed so the answer is false.
3 0
3 years ago
Read 2 more answers
Other questions:
  • what advise would you give to a supervisor using the theory x approach to leadership and has been meeting with much opposition?
    11·1 answer
  • __ means responding to pressure after a problem has arisen
    14·1 answer
  • Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
    5·1 answer
  • Banks and other lending institutions​ ________.
    8·1 answer
  • Total quality management theorizes that if workers are more responsible, they will ______.
    7·2 answers
  • What is the key assumption for the single-server queue model?
    11·1 answer
  • Suppose we have the following information for 2008: Potential output: $17 trillion Actual output: $16 trillion Actual Deficit: $
    8·1 answer
  • On January 1, 2018, Album Co. issued $200,000 of ten-year bonds. Interest is payable semi-annually on June 30 and December 31. T
    9·1 answer
  • Marginal cost is defined as:________.
    12·1 answer
  • Nowlin Pipe &amp; Steel has projected sales of 9,800 pipes this year, an ordering cost of $6 per order, and carrying costs of $1
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!