Which of the following is a NOT a leading economic indicator?A) Orders for durable goods. B) Duration of unemployment. C) Money supply. D) New housing permits.
Listed below is part of the balance sheet of the MEM Corporation.
$2,000,000Notes Payable$100,000Accounts Receivable3,000,000Accounts Payable1,400,000Inventories10,000,000Taxes Payable1,500,000Goodwill20,000,000Notes due 20218,000,000Land30,000,000Debentures20,000,000
The net working capital is:
In this example, the current assets are:Cash
10,000,000Total Current Assets
The current liabilities are:Notes Payable
1,500,000Total Current Liabilities
The net working capital would, therefore, be $15,000,000 minus $3,000,000, which equals $12,000,000. (22-24)
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