Foxglove Interiors has net fixed assets of $38,215, long-term debt of $22,400, cash of $560, accounts payable $4,611, inventory of $11,408, and accounts receivable of $3,462. How much net working capital does the firm have?
A) $11,634
B) $26,634
C) $13,117
D) $10,819
E) $14,736
D) $10,819
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John is the owner of a chain of restaurants in Texas. When tilers from Johnson Tiles were laying tiles in one of the restaurants' newly refurbished restrooms, John calmly tells the salesperson of Johnson Tiles, "We need to renegotiate the price of these tiles. I have learned that you charge a 50 percent markup, and as a small-business owner, I find that unacceptable." Which of the following win-lose strategies is most likely being used by John in this scenario?
A. Ambush negotiating B. Browbeating C. Limited authority D. Red herring E. Lowballing
One measure of the magnitude of international trade and how it has grown is _____________ of global output that is now destined for international trade.
A. 75 percent B. 60 percent C. 25 percent D. almost 50 percent E. 10 percent
A cost that will not be affected by later decisions is termed a(n):
A) historical cost B) differential cost C) sunk cost D) replacement cost
If the maker of the note fails to pay on the maturity date, the note is said to be dishonored
Indicate whether the statement is true or false