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2 years ago

What is working capital?

Business

2 answers:

Alexandra [31]2 years ago

5 0

answer:

the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities

Fed [463]2 years ago

3 0

Answer:

Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.

NWC is a measure of a company’s liquidity and short-term financial health.

A company has negative NWC if its ratio of current assets to liabilities is less than one.

Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.

High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.

Explanation:

can you me as brainliest if its right? i just need a few more to rank up! ^-^

Also have a great day and good luck in your studies!

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Sometimes you find yourself getting off-task because your boss keeps piling on the work, and you aren't sure what to prioritize.

Reptile [31]

Answer:

B. ask you boss which stuff takes priority and then make a list to remember.

Explanation:

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3 years ago

Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning

spayn [35]

Answer and Explanation:

The computation is shown below

1. The adjusted balance in the retained earning is shown below:

= beginning balance of retained earning + adjusted net income

where,

beginning balance of retained earning is $860,000

And, the adjusted net income is

= $68,000 × (1 - 0.35)

= $44,200

So, the adjusted balance in the retained earning is

= $860,000 + $44,200

= $904,200

2. Now the journal entry is

Inventory $68,000

To Retained earning $44,200

To Tax payable $23,800 ($68,000 × 35%)

(Being the adjustment of ending inventory is recorded)

It increased the inventory and along with it it also increased the equity and liabilities so the respective account is debited and credited

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3 years ago

The country of Baurisia has, until now, been self-sufficient in both grain and meat. However, with growing prosperity in Baurisi

Rina8888 [55]

Answer: Option (D) is correct

Explanation:

To weaken the conclusion, the answer will emphasize on why Baurisia will not soon become an importer of grain.

Here, in this case if importing meat is cheaper than importing grain, then Baurisia is likely to satisfy the demand for meat by becoming an importer of meat, weakening the conclusion that Baurisia will soon become an importer of grain.

Therefore , It is more economical for Baurisians to import meat than grain, if true, most seriously weakens the argument.

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3 years ago

If a sells to b, and b obtains title while goods are in transit, the goods were shipped _______. if c sells to d, and c maintain

yKpoI14uk [10]

If a sells to b, and b obtains title while goods are in transit, the goods were shipped FOB SHIPPING POINT.

If c sells to d, and c maintains title until the goods arrive at d's door then the goods were shipped FOB DESTINATION.

FOB stands for Free on Board. The recording of the sale will be dependent on whether it is FOB shipping point or FOB destination. In FOB shipping point, the buyer becomes the owner of the item when it is shipped. In FOB destination, the buyer becomes the owner of the items when it is received.

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3 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

Sunny_sXe [5.5K]

Answer:

The amount of overhead applied to Job T687 is closest to: $280.

Explanation:

Predetermined rate = Budgeted Overheads / Budget Activity

= $ 425,600 / 30,400

= $14.00 per machine-hour

Applied overheads to job T687 = Predetermined rate × Actual machine hours used

= $14.00 × 20

= $280

Conclusion :

The amount of overhead applied to Job T687 is closest to: $280.

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3 years ago