XYZ, Inc. has developed a project which results in additional accounts receivable of $400,000,
additional inventory of $180,000, and additional accounts payable of $70,000. What is the additional
investment in net working capital?
A) $150,000 B) $580,000 C) $510,000 D) $270,000
C
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The accounting records of Omar Corporation contained the following information for last year: BeginningEndingDirect materials inventory$9,000 $7,000 Work in process inventory$17,000 $31,000 Finished goods inventory$10,000 $15,000 Manufacturing Costs IncurredDirect materials used$72,000Overhead applied$24,000Direct labor cost (10,000 hours)$80,000Depreciation$10,000Rent$12,000Taxes$8,000Unadjusted cost of goods sold (does not includeoverapplied or underapplied overhead)$157,000 Selling, General, andAdministrative Costs IncurredAdvertising$35,000 Rent$20,000 Clerical$25,000 The amount of direct material purchased during the year was:
A. $65,000 B. $66,000 C. $74,000 D. $70,000
Treaties are a source of international law
Indicate whether the statement is true or false
A corporation must have a registered agent within the state of incorporation only if the corporation maintains an office in that state.
Answer the following statement true (T) or false (F)
Using a CRM approach, customers are prioritized and communication is customized accordingly.
Answer the following statement true (T) or false (F)