The 2020 balance sheet of Dugan, Incorporated, showed current assets of $2,915 and current liabilities of $1,415. The 2021 balance sheet showed current assets of $2,900 and current liabilities of $1,575. What was the company's 2021 change in net working capital, or NWC? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.
(Change in NWC)
Answers
The company's 2021 change in net working capital (NWC) is -$175, indicating a decrease in net working capital compared to 2020.
To calculate the change in net working capital (NWC), we need to subtract the previous year's NWC from the current year's NWC.
NWC = Current Assets - Current Liabilities
For 2020:
NWC2020 = $2,915 - $1,415
NWC2020 = $1,500
For 2021:
NWC2021 = $2,900 - $1,575
NWC2021 = $1,325
Change in NWC = NWC2021 - NWC2020
Change in NWC = $1,325 - $1,500
Change in NWC = -$175
Therefore, the company's 2021 change in net working capital (NWC) is -$175, indicating a decrease in net working capital compared to 2020.
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Related Questions
Assume oil prices rise in the United States, generating concerns that inflation may increase. If the Fed wishes to ensure that inflation does not get out of hand, the Fed could Multiple Choice intervene in the currency markets to push the value of the dollar down. decrease the discount rate. lower the target Fed funds rate. lower the target money supply growth rate. reduce reserve requirements at banks.
Answers
If the Fed wishes to ensure that inflation does not get out of hand, the Fed could lower the target money supply growth rate.
Inflation is when the general price levels in an economy increases persistently overtime. The policy tools that the Fed can use to control general price levels in the economy is known as monetary policy.
There are two types of monetary policy :
Expansionary monetary policy : these are steps taken by the Fed to increase the supply of money in the economy. These steps include reducing the target Funds rate, decreasing the reserve requirements and carrying out open market purchase. Contractionary monetary policy : these are steps taken to reduce the money supply in the economy. These steps include reducing the target money supply growth rate and carrying out an open market sales.To learn more about monetary policy, please check: https://brainly.com/question/15566475?referrer=searchResults
Following a petition by Sam, a sequestration order is made against Andrew on 10 May 2022. The Official Receiver in Bankruptcy discovers that: On 12 January 2022, Andrew sold his drum kit worth $3,000 to Nick for $1,500. . In August 2020, Andrew transferred his house into his mother's name by way of gift. Andrew paid Barry $10,000 on 31 December 2021 for mechanical work which he had conducted. Required: Advise (with reasons) if the Official Receiver can recover any of the above payments made, or asset transferred, by Andrew under the Bankruptcy Act 1966 (Cth)
Answers
The Official Receiver may be able to recover the sale proceeds of the drum kit as a transfer at undervalue. The house transfer and payment for mechanical work are unlikely to be recoverable unless there is evidence of fraudulent intent or excessive payment.
The Bankruptcy Act 1966 is an Australian legislation that governs bankruptcy and insolvency proceedings. It provides a legal framework for individuals and businesses facing financial difficulties, including the sequestration of assets, distribution of funds to creditors, and discharge of debts.
The Act outlines the powers and responsibilities of the Official Receiver and the processes involved in bankruptcy proceedings, including the examination and recovery of payments made or assets transferred by the bankrupt individual. It serves as a crucial legal instrument for managing and resolving financial insolvency cases in Australia.
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FOOD;
1.how to reduced food?
2.how to reused food?
3.how to recycled food?
WATER;
1.how to reduced water?
2.how to reused water?
3.how to recycled water?
please
Answers
Select the correct answer.
In general, how long does it take to accomplish a long-term goal?
ΟΑ.
a few days to a week
OB.
a few weeks to a month
O c.
a few months to a year
D.
more than a year
Answers
more than a year
Explanation:
D.more than a year
beacuse we can reach our goal in years only
assume that the government places a tax on the buyers of televisions, and the demand curve decreases. what is the price without the tax, and what prices do the consumers pay and producers receive after the tax is imposed? drag the labels to the corresponding dotted gray lines on the graph.
Answers
When the curves of the market's demand and supply meet, the equilibrium state exists without taxation. Here, the equilibrium quantity of television and the equilibrium price of television without taxes are Q1.
What is Equilibrium Price?A state of economic equilibrium is one in which the values of economic variables will not change in the absence of external influences and economic forces like supply and demand are balanced.
By solving the demand and supply function (Qa – bP = x + yP), it can be determined. When supply and demand are equal, the equation can be solved to find an equilibrium price.
Equation given below:
The demand curve for televisions will now shift leftward from D1 to D2 as a result of the tax on television buyers. At point C, the new demand curve meets the supply curve, where Ps denotes the price paid by sellers. At point B, the corresponding line cuts the initial demand curve, D1, which denotes the price paid by buyers following the imposition of tax, or Pb.
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Image of Graph attached below:
How does decreasing your credit card balance affect your income statement? (1 point)
It increases your monthly expenses, increasing the amount you spend each month.
It increases your monthly expenses, giving you more money to spend on other things.
It decreases your monthly expenses, increasing the amount you spend each month.
It decreases your monthly expenses, giving you more money to spend on other things.
Answers
The way in which decreasing your credit card balance would affect your income statement is that: D. It decreases your monthly expenses, giving you more money to spend on other things.
What is a credit card?A credit card simply refers to a small, rectangular flat card that is issued by a financial institution to its eligible customers, in order to avail them an opportunity to purchase goods and services on credit, especially based on the agreement that this amount of money would be paid back at a specific time and interest rate.
Generally speaking, a credit card balance can be defined as the total amount of money that an individual owe his or her credit card company. This ultimately implies that, a decrease in credit card balance would cause a decrease in monthly expenses, which avails the credit card holder more money to spend on other things.
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Answer: 1. a loan from one entity electronically matched to another entity without a financial institution in the middle
2. a payday loan
3. an unsecured installment loan
4. It decreases your monthly expenses, giving you more money to spend on other things.
5. Determine or estimate the current value of everything you own.
6. Their ability to repay a loan
7. your prior record of paying your bills and paying off your debts
8. your age and gender
9. You can request one online or over the phone.
10. He should contact the credit bureau that issued the credit report, the companies that issued the seven fraudulent cards, his local police, and the federal government at identitytheft.gov.
11. -the lender that provided the incorrect information
-the credit bureau that prepared the report
12. right away
13. She won a $20 billion settlement for California homeowners whose homes were inappropriately foreclosed on.
14. The longer the term, the more you will pay in interest.
15. It will cost you less money overall.
16. A store credit card generally comes with a higher interest rate.
17. You will save money if you pay the balance off quickly.
18. -Clarifying the confusing language found on credit card applications.
-Forcing lending companies to disclose interest rates and hidden fees.
19. It banned credit card companies from raising interest rates after missed payments.
20. -a fixed annual charge for the use of a credit card
-a charge if the minimum payment is not paid by the due date
21. paying off the balance before interest can accrue
22. $30
23. Determine which card has the higher interest rate and pay the extra money to that card first.
Explanation: All these answers are correct!
Vaughn-Williams Co. has total assets of $600,000 and stockholders' equity of $320,000. It purchased $80,000 of supplies on account and collected $50,000 on account from its customers. As a result, the company's total assets would now be __
a. $680,000
b. $360,000
c. $550,000
d. $80,000
Answers
Vaughn-Williams Co. purchased $80,000 of supplies on the account and collected $50,000 on the account from its customers. As a result, the company's total assets would now be $550,000. (Option C)
To calculate the updated total assets, we need to consider the effects of the transactions mentioned.
The purchase of $80,000 in supplies on account increases both the total assets and liabilities of the company. However, since the transaction does not involve any changes in stockholders' equity, it does not impact the equity value.
The collection of $50,000 on account from customers also affects both assets and liabilities. The increase in cash (an asset) is offset by a decrease in accounts receivable (also an asset) since the amount owed by customers is collected.
Considering these transactions, the calculation for the updated total assets would be as follows:
Total assets = Previous total assets + Purchase of supplies - Collection from customers
Total assets = $600,000 + $80,000 - $50,000
Total assets = $630,000 - $50,000
Total assets = $580,000
Therefore, the correct answer is c. $550,000.
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what kind of employees can fill the three levels of management
Answers
Answer:
hierarchy: Any group of objects ranked so that every one but the topmost is subordinate to a specified one above it.
manager: A person whose job is to manage something, such as a business, a restaurant, or a sports team.
board of directors: A group of people, elected by stockholders, to establish corporate policies, and make management decisions.
top management: company employees responsible for controlling and overseeing the entire organization
middle management: company employees that are accountable for controlling and overseeing a department
Explanation:
Most organizations have three management levels:
Low-level managers;
Middle-level managers; and
Top-level managers.
These managers are classified in a hierarchy of authority, and perform different tasks. In many organizations, the number of managers in every level resembles a pyramid.
Top-level managers
The board of directors, president, vice-president, and CEO are all examples of top-level managers.
These managers are responsible for controlling and overseeing the entire organization. They develop goals, strategic plans, company policies, and make decisions on the direction of the business.
In addition, top-level managers play a significant role in the mobilization of outside resources.
Top-level managers are accountable to the shareholders and general public.
Middle-level managers
General managers, branch managers, and department managers are all examples of middle-level managers. They are accountable to the top management for their department’s function.
Middle-level managers devote more time to organizational and directional functions than top-level managers. Their roles can be emphasized as:
Low-level managers
Supervisors, section leads, and foremen are examples of low-level management titles. These managers focus on controlling and directing.
Low-level managers usually have the responsibility of:
65% of males bought a snack when they rented a DVD and 40% of females bought a snack when they rented a DVD. This is an example where a researcher would:_____.
Answers
This is an illustration of how a researcher might check to see if the percentages of two populations differ.
For researchers, this evidences can now be used to determine if there is a difference between the percentages of two (2) populations. By taking a look at it, you can also tell that more men buy snacks when they watch movies in the comfort of their own homes, while fewer women do.
A researcher might want to compare two averages or percentages, and in this case, 65% and 40% are the two percentages.
If you are a marketing researcher who is comparing two groups of individuals or respondents to see if there are statistical and crucial differences between them, you must consider the groups to be two independent populations and in this scenario, you have evidence for male population versus female population.
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The next general election in New zeland is scheduled on 14 February 2024 to elect a new President, Vice President, and members of national and local legislatives bodies. The election is expected to be safe and peaceful with no political upheaval that might negatively affect the economic condition. Applying the open market equilibrium, analyse how political instability may affect equilibrium in the loanable funds market, net capital outflows, and the rupiah real exchange rate. Use graphics to answer this question.
Answers
Political instability can have an impact on the equilibrium in the loanable funds market, net capital outflows, and the exchange rate.
This leads to an increase in the interest rate and a decrease in the equilibrium quantity of loanable funds. Additionally, political instability can also affect net capital outflows, as investors may choose to withdraw their capital from the country due to increased risk. This can result in a decrease in net capital outflows, which can further impact the exchange rate. A decrease in net capital outflows reduces the demand for the domestic currency, leading to a depreciation of the currency in the foreign exchange market
Political instability can create uncertainty and risk for investors, which affects the loanable funds market. In the loanable funds market, the supply of funds comes from domestic savings, while the demand for funds comes from investment opportunities. Political instability can lead to a decrease in the supply of loanable funds as individuals and businesses become more cautious and may choose to save rather than invest. This decrease in supply shifts the supply curve to the left, resulting in a higher equilibrium interest rate and a lower equilibrium quantity of loanable funds.
Furthermore, political instability can affect net capital outflows. Net capital outflows represent the difference between capital inflows and outflows in an economy. When there is political instability, foreign investors may be more hesitant to invest in the country or may choose to withdraw their investments. This leads to a decrease in net capital outflows, as the country experiences a reduction in capital inflows or an increase in capital outflows.
The impact of political instability on the exchange rate is closely tied to net capital outflows. A decrease in net capital outflows means that there is less demand for the domestic currency in the foreign exchange market. This decreased demand leads to a depreciation of the currency, resulting in a higher exchange rate for the foreign currency in terms of the domestic currency. This depreciation can have implications for international trade and the competitiveness of domestic goods and services.
Overall, political instability can disrupt the equilibrium in the loanable funds market, decrease net capital outflows, and result in a depreciation of the domestic currency in the foreign exchange market. These factors can have significant implications for the economy, including reduced investment, capital flight, and changes in trade dynamics.
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how do you make limber of orange?
Answers
Limber is most commonly made from tropical juices so they come in a great variety of flavors: guava, tamarind, coconut, acerola cherry, and mango are popular flavors. Many other varieties exist including milk limber (made from a mixture containing condensed milk), grape, lemon, orange, and even soda flavors.
i found this, i dont know if its right but yea.
A business analyzes what competitors are charging for products.
Answers
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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which of the following statements is false? multiple choice question. the internal rate of return method assumes cash flows are reinvested. the internal rate of return method makes a questionable assumption. the net present value method assumes that cash flows are not reinvested. the net present value method is simpler than the internal rate of return method.
Answers
The wrong statement among the options is: “The NPV methodology assumes that cash flows are not reinvested.”
Why is it so?The net present value (NPV) method does not assume that cash flows are not reinvested. In fact, the NPV method assumes that cash flows will be reinvested at the desired rate of return. NPV calculates the present value of cash inflows and outflows, taking into account the time value of money and the cost of capital. The reinvestment of cash flows over the life of the project is considered to determine the return on investment.
Therefore, it is incorrect to say that the NPV method assumes that cash flows are not reinvested.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Item 3 ________ refers to the number of individuals who receive a publication, either through subscription or store purchase.
Answers
food items with 45 purchased
Cost Approach to Value
There are five basic steps to the cost approach:
1. Estimate the value of the site as if vacant.
2. Estimate the reproduction cost or replacement cost (new) of all the improvements (excluding any included as part of the site value).
3. Estimate accrued depreciation from all causes (physical deterioration, functional obsolescence, and external obsolescence).
Answers
The cost approach to value is one of the three main approaches used in real estate appraisal.
It is based on the principle of substitution, which states that a rational buyer will not pay more for a property than the cost of acquiring an equally desirable substitute property. The approach involves five basic steps, starting with estimating the value of the site as if vacant, followed by estimating the reproduction or replacement cost of all the improvements, and then estimating the accrued depreciation from all causes.
The final step involves subtracting the total accrued depreciation from the replacement cost to arrive at the property's value. The cost approach is particularly useful when valuing new or recently constructed properties that do not have a significant sales history.
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as a general rule which type of regulatory body certifies the operations of the whole organization
Answers
As a general rule, the type of regulatory body that certifies the operations of the whole organization is an Accrediting Body. These bodies evaluate and certify that an organization meets specific standards and requirements set by industry regulations or government authorities.
Accrediting bodies are independent organizations responsible for evaluating and certifying the quality, standards, and compliance of an entire organization or institution.
These bodies typically operate in specific industries or sectors, such as education, healthcare, or professional services. They assess various aspects of an organization's operations, including governance, management, processes, policies, and outcomes. Their evaluation is based on established criteria and standards specific to the industry or sector.
Accreditation provides an official recognition that an organization meets the required standards and is operating in accordance with best practices. It demonstrates to stakeholders, such as customers, clients, regulators, and the public, that the organization has undergone a rigorous evaluation and has met the necessary requirements.
The accreditation process often involves a comprehensive assessment, site visits, documentation review, interviews, and ongoing monitoring to ensure continued compliance. Accreditation is typically voluntary but can be mandatory in certain industries or for specific certifications.
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PLZ HELP ME!!!!!!
Which statement about credit card interest rates is TRUE?
A.) The more money you spend on purchases, the higher your interest rate will be
B.) A high interest rate means you'll pay MORE money total
C.) A high interst rate means you'll pay LESS money total
D.) Most credit cards do not charge any interest rate
Answers
Answer:
I think its A?
Explanation:
What are self-service BI tools?
Business intelligence tools that do not require any particular BLANK
expertise are called self-service tools.
Answers
Answer:
Technical
Explanation:
100% on test
Creating an engaged work force suggests engagement can be
affective, intellectual and social. Identify are some issues when
measuring work engagement.
write min 400 words
Answers
Employee engagement is a crucial component of a successful company, as an engaged workforce can enhance productivity, employee satisfaction, and customer experience.
Work engagement is defined as a positive psychological state characterized by vigor, dedication, and absorption, which is linked to high levels of work motivation and job satisfaction. Measuring work engagement is crucial for companies who want to enhance employee satisfaction, productivity, and overall business performance.
There are three types of engagement: affective, intellectual, and social. Affective engagement is related to employees' emotional attachment to their work, organization, or colleagues. Intellectual engagement refers to employees' cognitive investment in their work tasks, including their thinking, creativity, and problem-solving skills. Social engagement is related to the quality of employee relationships and the degree of support provided by colleagues, supervisors, and the organization.
Issues when measuring work engagement:
1. Limited understanding of engagement: Many employees are unsure about what engagement entails. Thus, they may not be aware of how to report their engagement accurately, which could lead to inconsistencies in responses.
2. Employee biases: Employees' attitudes toward their work and organization can bias their responses to engagement surveys. Some employees may provide excessively positive responses, while others may answer negatively because of biases like cognitive dissonance, social desirability, or negativity bias.
3. The complexity of engagement: Employee engagement is not a straightforward construct to measure because it is complex and multifaceted. It is not possible to measure employee engagement in isolation, as it interacts with other variables like job satisfaction, motivation, and organizational culture.
4. Inadequate engagement surveys: Many organizations use generic engagement surveys that are not tailored to their industry, business goals, or employees' unique experiences. Using a standardized survey may not capture the nuances of engagement, and the results may not provide actionable insights.
5. Overreliance on surveys: Organizations may rely too heavily on engagement surveys as the main answer to understand employee engagement. Surveys may not be enough, and other methods like focus groups, interviews, and observation may provide more in-depth and detailed answers.
In conclusion, measuring work engagement is crucial for companies, but it can be challenging due to several factors like employees' biases, survey inadequacies, and engagement complexity. Companies should use multiple methods to measure engagement and tailor their surveys to their business goals and industry. Moreover, companies should aim to understand the nuances of engagement by using more in-depth methods like focus groups and interviews.
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Annoying isn't it. When people purposely answer your question when they know it's completely useless. Kinda like how I specifically told people NOT to answer the questions I asked because I was doing an experiment, and every time I did that, two people purposely answered my question when they were told not to.
People are d. i. c. k. s.
Answers
Answer:
wow
Explanation:
I'm gonna type a random answer
You have just purchased a municipal bond with a $10,000 par value for $9,500. You purchased it immediately after the previous owner received a semiannual interest payment. The bond rate is 6.6% per year payable semiannually. You plan to hold the bond for 5 years, selling the bond immediately after you receive the interest payment. If your desired nominal yield is 5.5% per year compounded semiannually, what will be your minimum selling price for the bond?
Answers
The formula for the price of a bond can be calculated as follows:
P = A / (1 + r/n)^(nt)
Where, P = price of the bond,
A = the semi-annual interest payment,
r = the bond rate,
n = the number of payments per year,
t = time or number of years.
To determine the minimum selling price of a bond, first, we calculate the semi-annual coupon payment as follows:
Coupon Payment = (Par Value × Semi-Annual Interest Rate) = $10,000 × 6.6% / 2
= $330
Then, we can calculate the Present Value of Semi-annual Interest Payments as follows:
PVA = ($330 / (1 + 0.055 / 2)1 × 2) + ($330 / (1 + 0.055 / 2)2 × 2) + ($330 / (1 + 0.055 / 2)3 × 2) + ($330 / (1 + 0.055 / 2)4 × 2) + ($330 / (1 + 0.055 / 2)5 × 2)= $1,486.62
Now, we can calculate the present value of the bond using the following formula:
P = PVA + Par Value / (1 + y / n)^(nt)
Where, y = nominal yield and t = number of years
P = $1,486.62 + $10,000 / (1 + 0.055 / 2)^(2 × 5) = $10,696.73
Therefore, the minimum selling price for the bond will be $10,696.73.
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The following are all advantages of a sole proprietorship except:
a. You have unlimited liability
b. You keep all profits
c. You make all decisions
d. You can quickly take a new direction when you see a business opportunity
e. You can make your own schedule
Answers
Answer:
The answer is A. Becoz unlimited liability means a business owners personal assets be seized to pay for the businesses debts
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUThe demand function for super big bright led light bulbs is Q^d=(45 million)-(3.5 million * P).If the company charged a price of $8 per bulb
Answers
Answer:
74
Explanation:
saif
The concept of restrictive practices in the u.s. market economy is ____________________.
Answers
The idea of restrictive practices is constantly changing in the American market economy.
What exactly is a restrictive practice?
A restrictive practice is when someone is forced to do something against their will or is prevented from fulfilling a desire.
What harm might restrictive practices bring about?
Additionally, restraint may be utilized by law enforcement, emergency transport services, remand facilities, and prisons. Restrictive practices can have a negative impact on one's mental and physical health, harm the therapeutic alliance, and violate one's human rights.
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default means that a borrower will not make scheduled interest or principal payments, and it affects the market interest rate on a bond. the -select- the bond's risk of default, the higher the market rate. the average default risk premium varies over time, and it tends to get -select- when the economy is weaker and borrowers are more likely to have a hard time paying off their debts.
Answers
The higher the bond's risk of default, the higher the market rate. The average default risk premium varies over time, and it tends to get larger when the economy is weaker and borrowers are more likely to have a hard time paying off their debts.
What is a loan default?Most time, a loan default occurs when a borrower fails to pay back a debt according to the initial arrangement. In consumer loans case, this loan default means that successive payments have been missed over the course of weeks or months.
But fortunately, both the lenders & loan servicers usually allow a grace period before penalizing the borrower after missing one payment. In conclusion, such period between missing a loan payment and having the loan default is known as delinquency.
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Which process refers to starting up a computer?
Answers
Which process refers to starting up a computer?
Ans: Booting
One result of economic growth during the song period was urbanization, which means.
Answers
Answer:
Growth in cities this is the answer
If you get 20% off of an item that is now $320, what was the original price before the discount?