Gorman Distributors Shows the Following Information on Its 2010 Income

question 96

Multiple Choice

Gorman Distributors shows the following information on its 2010 income statement: sales = $317,800; costs = $211,400; other expenses = $18,500; depreciation expense = $31,200; interest expense = $2,100; taxes = $18,600; dividends = $12,000. In addition, you're told that the firm issued $4,500 in new equity during 2010, and redeemed $6,500 in outstanding long-term debt. If net fixed assets increased by $7,400 during the year, what was the addition to net working capital?

• A) $17,900
• B) $14,600
• C) $15,800
• D) $16,200
• E) $17,400

Calculate apparent power in series RL circuits.

Define and identify different types of power in RL circuits (true power, apparent power, reactive power).

Calculate voltage drops across resistors and inductors in series RL circuits.

Understand the concept of power factor and its significance in RL circuits.

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