In terms of the amount of working capital, what is the difference between doing this and leaving

Question:

In terms of the amount of working capital, what is the difference between doing this and leaving the amount transferred in profit and loss?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Frank Woods Business Accounting Volume 2

ISBN: 9780273693109

10th Edition

Authors: Frank Wood, Alan Sangster

See More Books

Question Posted: Sep 08, 2023 06:51 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
Dan Barnes, financial manager of Ski Equipment Inc. (SKI), is excited, but apprehensive. The companys founder recently sold his 51% controlling block of stock to Kent Koren, who is a big fan of EVA...
A production line will be used to manufacture an item. The line will be operated with using the same personnel during single shift operations. During the initial line certification, the first item...
Gary Siegel recently opened a steel warehouse. Gary buys his steel only after he receives a firm order from a customer; thus, Gary only buys what he sells in a particular month. Nevertheless, Gary...
A clothing manufacturer produces womens clothes at four locations in Mexico. Relative locations have been determined, as shown in the table below. The location of a central shipping point for bolts...
In a large corporate computer network, user log-ons to the system can be modeled as a Poisson process with a mean of 25 log-ons per hour. What is the probability that there are no log-ons in an...
A person, with his ear to the ground, sees a huge stone strike the concrete pavement. A moment later two sounds are heard from the impact: one travels in the air and the other in the concrete, and...
What role does emotional intelligence play in facilitating effective conflict resolution processes, particularly in navigating interpersonal dynamics, managing emotional escalation, and fostering...
The income statement of Fezzik's Shoe Repair is as follows: On April 1, the Owner's Capital account had a balance of $12,900. During April, Fezzik withdrew $3,000 cash for personal use. Prepare...
The balance sheet of Tatters Ltd on 31 December 20X8 was as follows: The dividend on the preference shares is 12,000 in arrears. A scheme of reconstruction was accepted by all parties and was...
Why do you think a company would wish to change its share capital?
In Figure 11.11, show what happens in each of the following cases: Figure 11.11 a. The receiver is in the ready state and a packet comes from the network layer. b. The receiver is in the ready state...
An unregulated electric utility has MC = 30, FC = 0, and faces the demand curve: P = 45 -0.025Q - e) Initially, this firm acts as a single-price monopolist. Find price, quantity, revenue, and profit....
a BE 196 Overhead data for Glazier Inc. are given in BE 195. In addition, the flexible manufacturing overhead budget shows that budgeted costs are $3.80 variable per direct labor hour and $60,000...
what was the competitive environment for power generation equipment in the early 1990s
On December 16, 2016, the ACE Corporation purchases? $15,000 of equipment by issuing a 30-?day, 12% note payable.What is The total amount of interest due on the note?
On April 1, 2023, Jimmy Kalinowski organized the consulting firm of Uncle Inc., which uses cash basis accounting. The following cash transactions were completed during the month of April: Jimmy...
Alices Apple Pies collected the following production information relating to Junes baking operations: Requirements Complete the first two steps in the process costing procedure: 1. Summarize the flow...
Use translations to graph f. f(x) = x-/2 +1
The trial balance for a small business at 31 August 20X8 is as follows: At 31 August 20X8 there was: Stock valued at cost prices 9,100 Accrued rent of 400 Prepaid business rates of 300 The motor...
J Wright, a sole trader, extracted the following trial balance from his books at the close of business on 31 March 20X9: Notes: (a) Stock 31 March 20X9 6,805. (b) Wages and salaries accrued at 31...
Three of the accounts in the ledger of Charlotte Williams indicated the following balances at 1 January 20X0: Insurance paid in advance 562; Wages outstanding 306; Rent receivable, received in...
IN ACFR, if the legal debt margin is steady increase in last ten fiscal years what it means
# Case Information: Aritzia Inc. The objective of this exercise is to develop your ability to perform a comprehensive analysis on a set of financial statements. Use the 2022 annual report of Aritzia...
The spreadsheet produces forecasted annual EPS of $7.08. Identify one forecasting assumption (which affects forecasted EPS) that could be different and explain the alternative assumption. Provide...

In terms of the amount of working capital, what is the difference between doing this and leaving

Question:

Step by Step Answer:

There is no difference The cash has not been paid ...View the full answer

Frank Woods Business Accounting Volume 2

Students also viewed these Business questions