I have a question about how to log a journal entry. I have a piece of furniture that I want to enter as a fixed asset. It was paid by owners capital/investment. Would this be a double journal entry? What are my dr/cr entries? Thanks!

A new computer system allows your firm to more accurately monitor inventory and anticipate future inventory shortfalls. As a result, the firm feels more able to pare down its inventory levels. What effect will the new system have on working capital and on the cash conversion cycle?

Working Capital Management. Indicate how each of the following six different transactions would affect (I) cash and (ii) net working capital a. Paying out a $2 million cash dividend. b. customer paying a $2,500 bill resulting from a previous sale. c. Paying $5,000 previously owed to one of...

Which intermediary is the primary source of working capital for small business? What obstacles impede it from using other intermediaries? Explain why and how large companies develop other relationships?

If a firm borrows money on a six-month bank loan, what would the working capital be immediately after obtaining the loan, relative to its working capital just prior to the loan? Would it be Higher, Lower, the same?