Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Loanable Funds Theory
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9. The balance sheet of Kurtze, Inc. shows the following account balances: inventory, P2,900, accounts payable, P2,700, equipment, P5,100, accounts receivable, P1,200, building, P79,500, mortgage, P68,600, notes payable, current, P1,500 and cash, P950. How much net working capital does Kurtze, Inc. have? а. 850 b. 5,050 с. 5,950 d. 16,850 10. The current assets of Domino's Gift shop by month for the last year are P500, Р400, Р300, Р400, P500, P550, Р600, P650, P700, P800, P950, P1,100. The amount of permanent current assets is а. 500 b. 400 с. 300 d. 1,100
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Transcribed Image Text:9. The balance sheet of Kurtze, Inc. shows the following account balances: inventory, P2,900, accounts payable, P2,700, equipment, P5,100, accounts receivable, P1,200, building, P79,500, mortgage, P68,600, notes payable, current, P1,500 and cash, P950. How much net working capital does Kurtze, Inc. have? а. 850 b. 5,050 с. 5,950 d. 16,850 10. The current assets of Domino's Gift shop by month for the last year are P500, Р400, Р300, Р400, P500, P550, Р600, P650, P700, P800, P950, P1,100. The amount of permanent current assets is а. 500 b. 400 с. 300 d. 1,100
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