Answer:
Working capital is essential to a company's fundamental health and operational success. It helps in maintaining a solid balance between growth, profitability and liquidity.
Net working capital is the difference between a business/ company's current assets and current liabilities or debts.
Current assets are cash, accounts receivable and inventories of raw materials and finished goods
Current liabilities are accounts payable.
Explanation:
Working capital helps to maintain smooth operations and help improve a company's earnings and profitability and it includes:
1. Inventory management
2. Management of accounts receivable and account payable.
Something that people put money into hopes of making more money is called investment. In Oxford dictionary, it is the process of investing money for profit or material support.
Answer:
Direct labor rate variance= $12,575 unfavorable
Explanation:
Giving the following information:
Last year, the company’s direct labor payroll totaled $352,100 for 50,300 direct labor hours. The standard wage rate is $6.75 per direct labor hour.
To calculate the direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 352,100/50,300= $7 per hour
Direct labor rate variance= (6.75 - 7)*50,300
Direct labor rate variance= $12,575 unfavorable
The remainder of the income for Electronics Galore , will be distributed to stockholders.
<h3>Who is a stockholder?</h3>
A stockholder refers to a person, company or other entity that owns any amount of a stock in a company. They are are part-owners of a business.
It is to be note that anyone who owns shares in a company is called a shareholder or a stockholder of the company. Shareholders are the owners of a company. If the company does well, the shareholders benefit through appreciation in the value of their shares.
Therefore, the remainder of the income for Electronics Galore , will be distributed to stockholders.
Learn more about stockholders here: brainly.com/question/25845157
Answer:
True
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