A business reports the following information regarding accounts receivable and accounts payable for the year.
What is the change in the firm's net working capital?
Beginning account Receivable $40,000 Account payable $ 30,000
Ending Account Receivable $70,000 Accounts Payable $10,000
A firm with $600,000 fixed cost and $200,000 depreciation is expected to produce $225,000 in profits.
What is its DOL?