BANK FOR MATCHING SUPPLY WITH
DEMAND, AN INTRODUCTION TO
OPERATIONS MANAGEMENT 5TH
EDITION; ALL CHAPTERS (100%)
ACTUAL VERIFIED QUESTIONS AND
ANSWES: GRADED A+
Non-Current Assets - --<<ANSWER IS>>---Items owned for a period of
more than one year
Current Assets - --<<ANSWER IS>>---Items owned for a period of less
than one year
Current Liabilities - --<<ANSWER IS>>---Items owed for a period of less
than one year
Working Equity - --<<ANSWER IS>>---The ability to pay short-term
debts. Calculated by: current assets - current liabilities
, Net Assets Employed - --<<ANSWER IS>>---This is the value of non-
current assets added to the working equity figure (if working equity is
negative it will be subtracted from non-current assets). Calculated by:
non current assets +/- working equity
Non-Current Liabilities - --<<ANSWER IS>>---Long-term debts of the
business eg bank loan, debentures.
Net Assets - --<<ANSWER IS>>---The overall value or worth of the
business. Calculate by: net assets employed - non current liabilities
Equity and Reserves - --<<ANSWER IS>>---This shows how the business
has been financed, eg the initial investments in the business (equity,
shares, etc), retained profits etc. It should add up to the exact value of
total net assets.
Trade Payables - --<<ANSWER IS>>---Suppliers the business owes
money to.
Trade Receivables - --<<ANSWER IS>>---Customers that owe money to
the business.
Owner's Equity - --<<ANSWER IS>>---The owners' share of (or net worth
in) the business, after liabilities are subtracted from assets.