The December 31, 2009, balance sheet of Annas Tennis Shop, Inc., showed current assets of $1,015 and
Question:
The December 31, 2009, balance sheet of Anna’s Tennis Shop, Inc., showed current assets of $1,015 and current liabilities of $870. The December 31, 2010, balance sheet showed current assets of $1,230 and current liabilities of $905. What was the company’s 2010 change in net working capital, or NWC?
Balance SheetBalance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
The change in net working capital is the end of peri...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Question Posted:
Students also viewed these Business questions
-
The December 31, 2009, balance sheet for Crow Company showed total stockholders equity of $82,500. Total stockholders equity increased by $53,400 between December 31, 2009, and December 31, 2010....
-
The December 31, 2007, balance sheet of Anna's Tennis Shop, Inc., showed current assets of $840 and current liabilities of $320. The December 31, 2008, balance sheet showed current assets of $910 and...
-
Near the end of 2009, the management of Nygaard Sports Co., a merchandising company, prepared the following estimated balance sheet for December 31, 2009. To prepare a master budget for January,...
-
Select the meso compound in the 1 point choices below: * >OH >H rggrr554 CH,OH CH,OH ffffhfghgt
-
Let T: V W be a linear transformation, where V and W are finite dimehsional. Show that T is onto if and only if there exists a linear transformation S: W V with TS = 1w A [Let {e1,..., er ,..., en}...
-
Food trucks have become a common sight on American campuses. They serve scores of hungry students strolling through campus and looking for trendy food served fast. The owner of a food truck collects...
-
Which of the following is an activity not usually associated with forensic accounting and fraud examination consulting and litigation support? 1. A. Assessing fraud risk associated with internal...
-
Beverage Products, LLC, manufactures metal beverage containers. The division that manufactures soft-drink beverage cans for the North American market has two plants that operate 24 hours a day, 365...
-
What does SQL stand for? What is SQL? What is SQL used for? What is PL/SQL? What is NoSQL? What is Data Definition Language (DDL)? What is Data Manipulation Language (DML)? What is Data Control...
-
1. How would you explain the abrupt change in Elisas customer service behaviour? Outline what has happened to her motivation using expectancy and equity theories. 2. Could Elisas employer have...
-
Rotweiler Obedience Schools December 31, 2009, balance sheet showed net fixed assets of $1.725 million, and the December 31, 2010, balance sheet showed net fixed assets of $2.04 million. The companys...
-
The December 31, 2009, balance sheet of Schism, Inc., showed long-term debt of $1.375 million, and the December 31, 2010, balance sheet showed long-term debt of $1.53 million. The 2010 income...
-
Certain bacteria (such as Aquaspirillum magnetotacticum) tend to swim toward the earths geographic north pole because they contain tiny particles, called magnetosomes, that are sensitive to a...
-
You are drafting a DOD fixed price incentive (firm target) solicitation to manufacture and installation of 4 automatic test equipment systems at a maintenance facility in the northern Marianna...
-
Dunkin Donuts is thinking about launching its new spinach donut, which will partly cannibalize sales of its original no-fun donut. Dunkin calculated a weighted contribution margin of $0.97 for the...
-
If you wish to warm 44 kg of water by 10 C for your bath, find what the quantity of heat is needed. Express your answer in calories cal Express your answer to two significant figures and include the...
-
What is the impact of corporate social responsibility initiatives on employee attitudes and behaviors?
-
A channel which has two points A and B. A-to-B data link layer communications channel has a bit rate of 4Kbps, A-to-B propogation delay 20 msec, B-to-A delay the same, frame size 160 bits and...
-
Old Country Links, Inc., produces sausages in three production departments-Mixing, Casing and Curing, and Packaging. In the Mixing Department, meats are prepared and ground and then mixed with...
-
Why is a help desk and production support critical to system implementations? Discuss its interrelationship with the problem management and reporting system.
-
Who owns a corporation? Describe the process whereby the owners control the forms management. What is the main reason that an agency relationship exist in the corporate forms of organization? In this...
-
Who owns a corporation? Describe the process whereby the owners control the forms management. What is the main reason that an agency relationship exist in the corporate forms of organization? In this...
-
Youve probably noticed coverage in the financial press of an initial public offering (IPO) of a companys securities. Is an IPO a primary market transaction or a secondary market transaction?
-
Prove each of the following statements. Fully state and explain each claim and logical step in your proof, using complete English sentences throughout. 1. Prove that if z is a complex number solution...
-
Preparing Adjusting Journal Entries Pacific Company adjusts and closes its books each December 31. It is now December 31 and the following information is available for preparing accounting...
-
Evaluate the integral below by interpreting it in terms of areas in the figure. The areas of the labeled regions are A17, A2=3, A3=1 and A4=2 V = 5 - S f(x)dx > Next Question y=f(x) A1 A3 0 3 A2 R2 5...
Study smarter with the SolutionInn App