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topjm [15]
2 years ago
8

Gingerbread Inc. reported the following selected financial information for 2019: Net Sales $850,000 Gross Profit 450,000 Net Inc

ome 200,000 Total Assets 1,875,000 Accounts Payable 245,000 Total Liabilities 1,200,000 If Gingerbread were preparing a vertical analysis, what percentage would be reported for Accounts Payable on the Balance Sheet?
Business
1 answer:
tiny-mole [99]2 years ago
8 0

Answer:

Accounts payable would be 20.42% of the balance sheet , when preparing a vertical analysis.

Explanation:

In the question it is told that Ginger bread is doing a vertical analysis, where when we have to calculate the percentage of certain item of the balance sheet , we will use formula -

 ( Balance sheet item / Total liability ) x 100

Given information - Accounts payable = $245,000

                                Total liabilities = $1200,000

Putting these values in formula -

= $245,000 / $1200,000   X 100

= .20416 X 100

= 20.416

= 20.42% ( APPROXIMATELY )

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The advantage of such brands is that they get to save on the rental and other property costs related to establishing brick-and-mortar stores because they are online.

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A company CEO created an ethics policy, made ethical training mandatory and installed feedback systems for ethics violation. Whe
igor_vitrenko [27]

Answer

lost / lost

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Explanation:

Creating ethics policies is extremely important for an organization to align employee behavior with its organizational culture. Business values, when clearly and effectively established, help at various organizational levels, such as good team relationships, conflict resolution, and effective communication among all employees. In the above question, as there was no compliance with the ethics policy implemented by the CEO and no correction of the failures, there was a lost of value of the policy and lost of respect for employees.

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2 years ago
Yoonsuh, the chief technology officer at namkoong appliances, is in the process of identifying the results she wants her company
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Setler79 [48]

Answer: The explanation is provided below

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According to the article, inflation in an economy is caused by an adverse supply shock or as a result of the expansionary fiscal policy or the expansionary monetary policy.

In an adverse supply shock, total quantity of basic goods will reduce drastically causing the aggregate demand to rise exponentially and therefore, push prices higher and then gradually lead to inflation.

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