Given that <span>Patrick
graduated from college five years ago. He has set up an emergency fund
and has been paying off his student loans. In addition, he participates
in the retirement plan offered by his employer. He wants to invest $75
per month in very small companies (capitalization between $50 and $300
million or less).
He should purchase micro cap stocks.
</span>M<span>icrocap refers to the stock of public companies in the United States which have
a market capitalization of roughly $50 million to $300 million.</span>
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 )
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Budgeted Sales:
January $ 237,400
February 251,400
March 336,600
Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible.
Cash collection March:
Cash sales= 336,600*0.3= 100,980
Credit Sales March= (336,600*0.7*0.1)= 23,562
From February= (251,400*0.7*0.5)= 87,990
From January= (237,400*0.7*0.36)= 59,824.8
Total= 272,356.8
Answer:
They Developed on-the job training and learning. They used the plant to train their employees at the same time the plant is fully operational and employees are training too.
Explanation:
Answer: $207.45
Explanation:
The latest date that Josephine should have filed her taxes by was April 15th 2019.
She instead waited till December 12, 2019.
9 partial and full months have passed since that time so her penalty will be for 9 months.
Penalty is 5% of the balance due:
= 461 * 5% * 9
= $207.45
