The TimeNow Corporation Had 2017 Fixed Assets of $1345, Current

question 49

Multiple Choice

The TimeNow Corporation had 2017 fixed assets of $1345, current assets of $260, current liabilities of $180 and shareholder's equity of $775. The 2016 fixed assets were $1300, current assets of $220, current liabilities of 300, long-term liabilities of $390 and shareholder's equity of $750. What was the change in net working capital for TimeNow in 2017?

• A) 80.
• B) 20.
• C) 60.
• D) 160.

Apply Williams' temporal need-threat model to specific scenarios of social exclusion.

Differentiate between social and emotional loneliness and identify the contagion effect.

Explore Brewer's optimal distinctiveness theory and its core assumptions.

Understand the physiological and psychological impacts of exclusion and ostracism.

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Definitions:

Actual Manufacturing Overhead

The real expenses incurred during the manufacturing process, excluding direct labor and raw material costs, such as utilities, depreciation, and maintenance.

Incurred

Refers to costs or expenses that have been realized or consumed in the course of business operations.

Product Costs

The direct and indirect costs incurred to produce a product, including materials, labor, and overhead.

Work in Process Inventory

Goods partially completed but not yet ready for sale, representing a stage between raw materials and finished goods in the manufacturing process.