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
natta225 [31]
3 years ago
5

The Buck Store is considering a project that will require additional inventory of $185,000 and will increase accounts payable by

$153,000. Accounts receivable are currently $525,000 and are expected to increase by 15 percent if this project is accepted. What is the project's initial cash flow for net working capital
Business
1 answer:
Sedaia [141]3 years ago
4 0

Answer:

$635,750

Explanation:

Net working capital = Current Asset - Current Liabilities

                                  = $603,750 + $185,000 -  $153,000

the project's initial cash flow for net working capital

You might be interested in
Suppose there is a simple index of three stocks, stock ABC, stock XYZ, and
ValentinkaMS [17]

Answer: -13.4%

Explanation:

3 0
3 years ago
The Meat Market has 16,000 shares of stock outstanding at a price per share of $7. What will be the price per share if the firm
Alekssandra [29.7K]

Answer:

The price will be $16.33.

Explanation:

In finance, a reverse stock split is a method where shares are merged to form a smaller number of proportionally more valuable shares. A reverse stock split is also called a stock merge.

If the reverse stock is 3-for-7, that means for every 7 shares an investor have, he will receive 3 shares with a proportional value.

So 3 shares will have the same value than 7 shares of $7 (this is $49). Finally, each share willhave a price of 49/3 = $16.33

4 0
3 years ago
Lewis is a sales representative for his company. He is attending a company training program about the types of expenses that are
yuradex [85]

Answer:

Lewis is attending training to improve his Ethical skills.

Explanation:

Ethical Skills:

Those qualities or skills that make us ethical like honesty, integrity, responsibility, accountability etc. which are useful for the well being of a society and personal character.

  • In this scenario, as Lewis is a sales representative but he is attending a training program to distinguish between personal expenses and business expenses as well as legal deductions for tax purpose. Because he wants to pay taxes to the states fairly and this behavior shows us a ethical skill.
  • In your professional life, the personal expenses are those expenses which are not tax deductible like coming to office from home but business expenses are tax deductible like travelling for a business meeting.
4 0
3 years ago
Manufacturing overhead was applied to work in process at 150 percent (1.5 times) direct labor dollars. Applied manufacturing ove
vovikov84 [41]

Answer:

$6,600,000 ; $4,400,000 and $5,500,000

Explanation:

The computation is shown below:

Manufacturing overhead is

= Total manufacturing cost × manufacturing overhead percentage

= $16,500,000 × 40%

= $6,600,000

The direct labor is

= Manufacturing overhead ÷ direct labor percentage

= $6,600,000 ÷ 150%

= $4,400,000

And, the direct material used is

= Total manufacturing cost - direct labor - manufacturing overhead

= $16,500,000 - $4,400,000 - $6,600,000

= $5,500,000

5 0
3 years ago
The new line of fairness-enhancing products marketed by Radiance has allegedly been developed after using large-scale animal tes
Alika [10]

Answer:

Food Drug and Cosmetic Act

Explanation:

The new line of fairness-enhancing products marketed by Radiance has allegedly been developed after using large-scale animal testing procedures. Insiders revealed that the high levels of lead present in the cosmetics were in fact fatal for many of the animals. Radiance is likely to be inspected for suspected criminal violations of the Food Drug and Cosmetic Act.

Food Drug and Cosmetic Act is a law passed by congress in the United States which regulates the use of food, drugs and cosmetics; in relation to how safe they are for use by consumers.

In the case of Radiance, the scenario reports ''that the high levels of lead present in the cosmetics were in fact fatal for many of the animals'', implying that the products are not safe for use.

5 0
3 years ago
Other questions:
  • Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem
    9·1 answer
  • Why is expected income a large factor in choosing a retirement plan in which to invest?
    11·2 answers
  • Buying a new car can create a financial challenge because
    13·1 answer
  • An analytical tool used in six-sigma quality improvement programs is which of the following? A. LeadershipB. Continuous improvem
    10·1 answer
  • Liabilities can be best described as:A. The amount of expenses over the past year.B. The amount expected to be distributed to st
    8·2 answers
  • Retained earnings is a. The positive cash flows of a company. b. The net worth of a company. c. The owners' equity that has accu
    5·1 answer
  • There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the pr
    5·1 answer
  • Two important group outcomes or consequences of the interactive
    15·1 answer
  • What is the primary role of consumers in a free market economy?
    9·1 answer
  • lisette’s laptop needs a unique battery, and a local computer parts company is the only place that sells it. given the demand fu
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!