A company reports the following at year end: current assets of $3,600; total assets of $12,500; current liabilities of $1,200; total liabilities of $8,500. Working capital equals:

Answers

Answer 1

The working capital of the company at the end of the year is $2,400.

What is meant by working capital?

Working capital is the amount that is earned by a company from its daily business activities. It is determined by taking the difference between recent assets acquired and recent obligations incurred.

Given values:

Current Assets: $3,600

Current Liabilities: $1,200

Computation of working capital of a company :

[tex]\rm\ Working \rm\ Capital=\rm\ Current \rm\ Assets -\rm\ Current \rm\ Liabilities\\\rm\ Working \rm\ Capital=\$3,600-\$1,200\\\rm\ Working \rm\ Capital=\$2,400[/tex]

Therefore, when the current liabilities and current assets are amounting to $1,200 and $3,600 then the working capital comes out to be $2,400.

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Related Questions

13 of 15 The Fair Employment and Housing Act (FEHA), which derives from the ________, prohibits discrimination in the sale, rental, or financing for different types of housing.

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The Fair Employment and Housing Act which was derived from the Rumford Act prohibits discrimination in the sale, rental, or financing for different types of housing.

What is the Fair Employment and Housing Act?

This is a legislation that provides the employees with a protection from discrimination, retaliation and harassment in employment.

The Act was originally derived from the Rumford Act prohibits discrimination in the sale, rental, or financing for different types of housing.

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Mason, who is a waiter, is injured when an unopened bottle of cola explodes in his hand while he is putting it into the restaurant's cooler. If Mason wants to sue the bottling company for his injuries:

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Answer:

he will probably win if the court allows him to use the res ipsa loquitur doctrine

Explanation:

1. Discuss the type of employees for which the application of Scientific Management work best (determine/understand purpose of Scientific Management to determine who it works best for) 2. Explain how to address the problems defined in the video using Scientific Management. 3. Discuss what can be done to fix these problems using Scientific Management.

Answers

The type of employees for which the application of Scientific Management  Theory will work best are those who work as part of a production line; or those who work in a manufacturing plant.

What is the key purpose of Scientific Management?

The key purpose of  Scientific Management is to enhance the economic efficiency of the production process, especially the aspect that is related to the productivity of labor.

Hence, it is correct to state that the type of employees for which the application of Scientific Management  Theory will work best are those who work as part of a production line; or those who work in a manufacturing plant.

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explain the benefits of UIF​

Answers

Answer:

It gives short term relief to workers when they become unemployed or are unable to work because of maternity, adoption, and parental leave or illness. It also provides relief to the dependents of a deceased contributor.

Explanation:

I hope my answer helped u :)

Buyer Ralph didn't like the results of an inspection report. He requested to cancel his contract and demanded his earnest money back. Seller Heather denied his request noting that he was one day past the time that was allotted to cancel the contract. Buyer Ralph claimed Seller Heather was miscounting the dates and both demanded that Broker Smith return the money to each of them. Broker Smith waited 15 days, hoping the situation would resolve, before notifying the FREC of the conflicting demands. How long does Broker Smith have left to implement a settlement procedure

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The number of days that the Broker Smith has to implement a settlement procedure is 15 days.

What is a settlement procedure?

In the real estate business, the process of settlement has to do with the process of transfer of real estate from the one who is selling to the one buying.

The number of days that the broker has waited is 15 days. This is also the number of days that it would take to implement it.

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Mr. Johnson is preparing a presentation that includes many pictures from his trip to Spain over Spring Break. He would like the presentation to loop. What does the term "loop" mean in this context?

Use the mouse or pointer to advance to the next slide.

Play over and over without stopping.

Set the motion path and play once.

Play one time and end.

Answers

When something is said to be on loop, it means that it Play over and over without stopping.

What does it mean to loop?

When a presentation is said to be on a loop, it means that it continues to play over and over without stopping.

This means that Mr. Johnson wants his presentation to keep repeating without stopping until it is stopped by someone.

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Jetson Manufacturing has manufacturing operations in the United States, Germany, Indonesia, and Brazil. Jetson Manufacturing is an example of a(n)

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Jetson Manufacturing carrying out operations in the United States and other countries exemplify an international company.

What is international company?

international company serves as those companies that are base on the exportation abd importation of goods in a country.

Therefore, since Jetson Manufacturing are operating in different listed countries, it can be termed as a international company.

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Before someone can move into a new home, a building inspector must see if the structure complies with building codes. If the home does, the municipality or county will issue a

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If the home does, the municipality or county will issue a certificate of occupancy.

What is certificate of occupancy?

Certificate of occupancy can be defined as a  document that is often issued by the government so as to certified that building complies the government  building odes.


After the inspector  verified that the building complies with building codes this means that the house  is suitable for people to occupy and the owner of the building will be issued a certificate of occupancy.

Therefore If the home does, the municipality or county will issue a certificate of occupancy.

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An IT professional has access to many confidential records through her username and password. She makes sure to change her password frequently to protect this private information. In this scenario, choose the types of ethical behavior being demonstrated. Check all of the boxes that apply.

Do no harm to a company when leaving.

Protect passwords and system access of users.

Be fair and honest with customers.

Protect sensitive information.

Answers

The type of ethical behavior that is being demonstrated include:

Protect passwords and system access of users.Protect sensitive information.

What is ethics?

It should be noted that ethics simply means the principle of knowing what's right from what's wrong.

In this case, the user is protecting passwords and system access of users and protecting sensitive information.

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Answer: B and D

Explanation:

a. Assume that the partners share profits and losses 3:3:2:2, respectively. Fergie retires and is paid $190,000 based on the terms of the original partnership agreement. If the goodwill method is used, what is the capital balance of the remaining three partners

Answers

Based on the goodwill method, the capital balances of the three partners will be:

Pineda - $275,000Adams - $235,000Gomez - $170,000

What will be the capital balance for the partners?

First find the total firm goodwill:

= Goodwill paid to Fergie / Fergie capital share

= (190,000 - 160,000) / ( 2 ÷ (3 + 3 + 2 + 2))

= $150,000

This will be shared to the partners in the ratio, 3:3:2:2:

Pinada gets:

= 230,000 + (150,000 x 3 / (3 + 3 + 2 + 2))

= $275,000

Adams gets:

= 190,000 +  (150,000 x 3 / (3 + 3 + 2 + 2))

= $235,000

Gomez gets:

= 140,000 +  (150,000 x 2 / (3 + 3 + 2 + 2))

= $170,000

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Jonathan and Sarah are forming an LLC. They will be its only members. Sarah and Jonathan know they have choices about how the LLC will be managed. If both agree to manage the LLC, it will be a:

Answers

It will be a partnership

(50 points) What is the combination of what you own, earn, and invest minus the debt you owe on those things called?

wealth

home equity

wage gap

median income

Answers

A. Wealth, because B-D do not reflect debt

Wealth is the combination of what you own, earn, and invest minus the debt you owe on those things. The appropriate response is option A.

What is Wealth ?

The value of all the valuable assets that a person, group of people, business, or nation has is measured as wealth. The entire market worth of all held tangible and intangible assets is calculated, and all debts are then subtracted. Wealth is essentially the accumulation of limited resources.

You get money from it to accomplish your long-term objectives. Even if you are not currently employed or earning, it still provides a reliable source of income. This might be a fantastic method to guarantee financial flexibility and support your loved ones as they continue to live comfortable, abundant, and secure lives.

The appropriate response is option A.

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A Lorenz curve refers to a graphic illustration of the cumulative share of population on the ________ and the cumulative percentage of total income received on the ________ .

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The Lorenz curve refers to a graphic illustration of the cumulative shares of population on the horizontal axis and the cumulative percentage of total income received on the vertical axis.

What is the Lorenz curve?

This is a curve that is used to show the wealth distribution that is evident in a population.

It shows wealth by showing the cumulative percentage of income that is existent in the given population.

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Suppose Futurebook Co.'s willingness-to-sell for an e-reader is $50 and the firm has $57 of producer surplus. What is the market price of the tablet

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The market price of the tablet is $107.

What is producer surplus?

The producers surplus refers to the difference between the producer's willingness to accept a price and the final price received.

The market price is computed as;

= Sales + producer surplus

= $50 + $57

= $107

Hence, the market price of the tablet is $107.

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How much should i budget monthly for trajsportation

Answers

Answer:

You should say about $500 for transportation

Explanation:

Explain south africa's reaction to the recommendations given by the who

Answers

Answer:

WHO guidelines

The development of global guidelines ensuring the appropriate use of evidence represents one of the core functions of WHO.

A WHO guideline is defined broadly as any information product developed by WHO that contains recommendations for clinical practice or public health policy. Recommendations are statements designed to help end-users make informed decisions on whether, when and how to undertake specific actions such as clinical interventions, diagnostic tests or public health measures, with the aim of achieving the best possible individual or collective health outcomes.

The Guidelines Review Committee ensure that WHO guidelines are of a high methodological quality and are developed through a transparent, evidence-based decision-making process. Guidelines are subject to a rigorous quality assurance process that helps to ensure that each and every published guideline is trustworthy, impactful and meets the highest international standards.

Explanation:

WHO guidelines

The development of global guidelines ensuring the appropriate use of evidence represents one of the core functions of WHO.

A WHO guideline is defined broadly as any information product developed by WHO that contains recommendations for clinical practice or public health policy. Recommendations are statements designed to help end-users make informed decisions on whether, when and how to undertake specific actions such as clinical interventions, diagnostic tests or public health measures, with the aim of achieving the best possible individual or collective health outcomes.

The Guidelines Review Committee ensure that WHO guidelines are of a high methodological quality and are developed through a transparent, evidence-based decision-making process. Guidelines are subject to a rigorous quality assurance process that helps to ensure that each and every published guideline is trustworthy, impactful and meets the highest international standards.

All 2023 leaf s and leaf sv plus ac synchronous drive motor produce ____% torque at 0 mph for impressive off-the-line acceleration and smooth cruising.

Answers

All 2021plus ac synchronous drive motors produce 100% torque at 0 mph for impressive off-the-line acceleration and smooth cruising.

What is motor torque?

The motor torque refers to the rotation force developed by the crankshaft in a car motor.

The motor torque is a physic unit is associated with the capacity of a car to move in a given acceleration situation.

In conclusion, all 2021plus ac synchronous drive motors produce 100% torque at 0 mph for impressive off-the-line acceleration and smooth cruising.

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The _____ of a firm includes managers who directly supervise nonmanagement employees.

Answers

Answer:

it’s called the first line management

Explanation:

it should be a first line management or a group of those people.

can some one write message

Answers

Answer:

Message

Please give Brainliest

Message

Why do you want me to write this?

Assess the executive summary of the business plan. This is the part where the company's mission statement and the purpose of the business will be listed. Make sure that the overview of the company is stated clearly.
ASAP 100 POINTS!!!

Answers

The executive summary should be concise, clear, and engaging, and should provide a compelling overview of the company and its goals. It should encourage the reader to want to learn more about the business and to continue reading the full business plan.

The executive summary of a business plan is a brief overview of the entire plan and should include the most important information about the company. It should include the mission statement, purpose of the business, and a clear overview of the company. Here are some tips for writing a clear and effective executive summary:

Start with a strong opening statement that captures the reader's attention and sets the tone for the rest of the summary.

Clearly state the purpose of the business and what products or services it will provide.

Include the mission statement, which is a clear and concise statement that describes the company's purpose, goals, and values.

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As organizations adopt empowerment, reduce the number of middle managers, and hire more talented and better educated lower-level employees the trend today is to Blank______ the span of control

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The organizations adopt empowerment, reduce the number of middle managers, and hire more talented and better educated lower-level employees the trend today is to expand the span of control.

What is the span of control?

Span of control is the number of subordinates who report directly to a manager or leader. The more employees assigned to a manager, the wider their span of control. Span of control simply means a key element in the structure of an organization.

In this case, it is vital to expand the span of control because the workforce is better educated at all levels and organizations save by reducing the number of middle managers.

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Broadly defined, how many types of customers are there?.

Answers

When it comes to customers, there are different types but in a broad measure, there are 4 types of customers.

Which types of customers are there?

There are four broad types of customers which include:

Value buyers. Relationship buyers. Price buyers. Mix of value and relationship buyers.

As the names imply, buyers are motivated by various things with some being motivated by the relationship they have with the seller, and others being motivated by the price of goods.

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Broker Joe has a listing for a distressed seller. He finds a buyer for the property who enters into a contract for purchase. Ten-days prior to closing, the seller calls Joe to share that he has had to file for bankruptcy. This filing may:

Answers

In this situation when the seller has filed for bankruptcy then Broker Joe has to terminate the contract. Therefore, Option B is the correct statement.

What do you mean by contract?

A legally enforceable agreement that creates, defines, and regulates mutual rights and obligations between its parties is called a contract.

An agreement usually involves the exchange of goods, services, money, or the promise to change any of these at a later date.

Therefore, Option B is the correct statement.

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Tobin inherited 100 acres of land on the death of his father this year. A Federal estate tax return was filed and the land was valued at $300,000 (its fair market value at the date of the death). Tobin's father originally acquired the land years ago for $19,000 and prior to his death made permanent improvements of $6,000. What is Tobin's basis in the land

Answers

The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.

What is inherited property?

When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.

The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.

Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.

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The area of accounting concerned with providing internal users with information is called a.public accounting. b.internal accounting. c.financial accounting. d.managerial accounting.

Answers

The area of accounting concerned with providing internal users with information is called managerial accounting.

What is accounting?

The process of gathering, compiling and reporting information on business and financial transactions. also: this system's guidelines and practices. as a first-year student, I studied accounting: work done in accounting or by accountants.

Management accounting, often known as managerial accounting, is the branch of accounting that delivers information to internal users like managers and staff. • Giving managers and staff timely access to pertinent information is the goal of managerial accounting.

Therefore, Thus option (D) is correct.

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A project has a cost of $65,000 and it's expected cash inflows are $12,000 per year for 9 years and the cost of capital is 10%. What is the project's IRR and MIRR

Answers

Based on the project cost and the expected inflows, the project IRR is 11.57% and the MIRR is 10.75%.

What are the IRR and the MIRR?

You can use a spreadsheet to find the IRR and the MIRR by listing the project cost and expected cashflows, as shown in the attached document.

When you use the IRR function as shown, you will be returned the value of 11.57%.

When the MIRR function is used, include the 10% cost of capital to get a value of 10.75%.

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A creation resulting from study and experimentation is:
a. pattern.
b. replication.
c. precedent.
d. innovation.

Answers

Innovation refers to the creation of certain goods or services resulting from study and experimentation. Therefore, Option D is the correct statement.

What is innovation according to you?

Innovation is the realistic implementation of thoughts that bring about the creation of new items or offerings or development in supplying items or offerings.

The movement of setting matters into realistic reality regardless of demanding situations and resistance, instead of simply contemplating is called as Innivation.

Therefore, Innovation refers to the creation of certain goods or services resulting from study and experimentation. Option D is the correct statement.

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A customer purchases materials for $1200 with payment due in 30 days.
After 20 days $200 worth of the material is returned because it is damaged what amount is entered in the debit column of the customer's ledger file?
A. $1,400
B. $1,000
C. $200
D. $1,200

Answers

Based on the explanation below, the amount that will be entered in the debit column of the customer's ledger file is D. $1,200.

Effect of credit sales and sales returns on customer's ledger file

It should be noted the purchase by the customer is a credit sale to the seller.

In the book of the seller, the $1,200 is entered in the debit column of the customer's ledger file immediately after the customer purchases materials of $1200.

However, since the effect of sales return is to reduce the total amount of sales made to a customer, $200 will be entered in the credit column of the customer's ledger file after the return.

Therefore, $1,200 is entered in the debit column of the customer's ledger file.

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When a manager has control over and is accountable for cost, profit or investments of an organization, it is called ________.

Answers

Answer:

it's called an responsibility center

2. m&j does not have a formal management approach to managing the employees. some low-level employees
are paid more than higher-level employees because they have been with the company longer; others are given
extra time off without any explanation. employees who are not managers often direct other employees but
won't deal with conflicts because they say it isn't their job. some employees are clearly not motivated to do
what needs to be done to make m&j as successful as it could be. in your response:

Answers

M&J need to bring efficiency in the level of their employee management to be able to maintain formal office behavior.

How to make employee management efficient?

The management of workforce by way of standardization and classification of pay by class division is one of the ways to do efficient management.

There must be proper management regarding resolving the grievances of employees with respect to their salaries and modes and methods of payment.

Hence, the steps to improve the efficiency of employee management are aforementioned.

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