subject
Business, 30.07.2019 21:10 ChloeLiz7111

Gingerbread inc. reported the following selected financial information for 2019: net sales $850,000 gross profit 450,000 net income 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?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 17:00
Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:
Answers: 2
question
Business, 22.06.2019 19:20
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
Answers: 1
question
Business, 22.06.2019 20:10
Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%
Answers: 2
question
Business, 22.06.2019 22:10
Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.
Answers: 1
You know the right answer?
Gingerbread inc. reported the following selected financial information for 2019: net sales $850,000...
Questions
question
Biology, 18.09.2019 11:00
question
Social Studies, 18.09.2019 11:00
question
Social Studies, 18.09.2019 11:00
question
Social Studies, 18.09.2019 11:00
Questions on the website: 13722360