The Accounts of Weston Inc

question 6

Multiple Choice

The accounts of Weston Inc.indicate the following changes in long-term assets and capital for the past year: What was the increase or decrease in net working capital? (Hint: Changes in net fixed assets incorporate changes in both gross fixed assets and accumulated depreciation.)

• A) +$450,000
• B) -$250,000
• C) -$1,950,000
• D) +$1,950,000
• E) +$3,300,000

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Definitions:

Japanese Method

A technique or approach originating from Japan, often associated with manufacturing and management practices like lean manufacturing or the Toyota Production System, aimed at improving efficiency and quality.

Organizing

Involves the systematic allocation of tasks, resources, and responsibilities within an organization to ensure smooth operation and achievement of objectives.

Environmentally Friendly

Practices, products, or methods designed to minimize harm to the environment.

OSHA Standards

Regulations and guidelines issued by the Occupational Safety and Health Administration to ensure safe and healthful working conditions.