Lottie’s Boutique needs to maintain 20% of its sales in net working capital. Lottie’s is considering a 3-year project which will increase sales from their current level of $110,000 to $130,000 the first year and $145,000 a year for the following two years. What amount should be included in the project analysis for the last year of the project in regards to the net working capital?

A company has a net income of $265,000, a profit margin of 8.3%, and an accounts receivable balance of $200,000. Assuming 70% of sales are on credit, what is the company’s days’ sales in receivables? Use 365 days.

(Figure: Determining Externalities) Based on the graph, when operating at the socially optimal production point, the total consumer surplus plus producer surplus is equal to

(Table) Based on the table, assume that a bottle of water costs $2. The marginal utility per dollar for the second bottle of water is

On a graph of the long-run average total cost curve, constant returns to scale are shown as

Suppose the external (pollution) costs of a good are $5 million, while the consumer and producer surplus from consuming the good are $2.5 million. Production of this good should be

Suppose the external (pollution) costs of a good are $5 million, while the consumer and producer surplus from consuming the good are $2.5 million. Production of this good should be

If a firm is able to change all of its factors of production, then it is operating in the

Which of the following could represent a potential third-variable which may have influenced the outcome of this study?

DIRECTION LINE: In the blank, indicate whether the statement is true (T) or false (F). If false edit the statement to make it a true statement.Some labor supporters were anarchists, who believed that society did not need any government.