A Corporation had net current assets of $2,000,000 at the end of 2019 and $1,800,000 at the end of 2018. In addition, the corporation had net spontaneous current liabilities (i. e.; Account payable + Accruals) of $1,000,000 in 2019 and $1,500,000 in 2018. Using this information, the corporation's net current asset investment for 2019 was

The net current assets is also known as the net working capital. It is equal to the sum of current assets minus the sum of current liabilities.

The net current assets or net working capital measures the amount of funds that a company has to meet its financial obligations. This number should be high enough to allow for debt payments without the sale of fixed assets.

In this case, the net current asset investment for 2019 is:

$2,000,000 - $1,000,000 = $1,000,000

month 1 start amount =$3287.90 interest=(3287.90x0.0145/12)3.97 total to pay=$3291.81 paid =$1200 balance =$2,091.87

month 2 starting amount= $2,091.87 interest =$25.28 total to pay =$2117.15 paid =$1200 balance $917.15

month 3 starting amount =$917.15 interest =$11.08 total to pay =$928.23 paid =$928.23 balance =$0 total to pay 1200+1200+928.23 = $3328.23 it will take 3 months to pay a total of $3328.23

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%