Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. unanswered not submitted attempts remaining: infin

Unanswered not submitted Attempts Remaining: Infinity Category Prior Year Current Year Accounts payable ??? ???...

60.1K

Verified Solution

Question

Finance

image
Unanswered not submitted Attempts Remaining: Infinity Category Prior Year Current Year Accounts payable ??? ??? Accounts receivable 320,715 397,400 Accruals 40,500 33,750 Additional paid in capital 500,000 541.650 Cash 17,500 47,500 Common Stock 94,000 105,000 COGS 328,500 430.082.00 Current portion long-term debt 33,750 35.000 Depreciation expense 54,000 55,440.00 Interest expense 40,500 42,867.00 Inventories 279,000 288,000 Long-term debt 339,258.00 401,507.00 Net fixed assets 946,535 999,000 Notes payable 148,500 162,000 Operating expenses (excl. depr.) 126,000 161,606.00 Retained earnings 306,000 342,000 Sales 639,000 851,717.00 Taxes 24.750 47,436.00 What is the firm's current year gross profit margin? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

2. Two hundred managers from various levels were randomly selected and interviewed regarding their concern about environmental...

Advance Math
Q

Bradley gets an x ray at a radiology clinic that employs its own technologists and...

Biology
Q

In a diploid organism with 17 pairs of chromosomes what is the possible lowest number...

Biology
Q

Two isolated charged metallic conductors of capacitance C and C having charges Q and Q...

Physics
Q

What is the relationship between the attendance at a major league ball game and the...

Statistics
Q

converges conditionally converges absolutely diverges Need Help Submit Answer nwi Read It 6 25 6...

Calculus
Q

Q15: The followings are the approaches for computing the fair market value of balance sheet...

Accounting
Q

Morrow Enterprises Inc. manufactures bathroom fixtures. The stockholders' equity accounts of Morrow Enterprises Inc., with...

Accounting
Q

What are the relative advantages of partnership versus limited partnership as a form of doing...

Accounting
Q

A permanent steel building used for the overhaul of dewatering systems (engines, pumps, and wellpoints)...

Finance
Q

Kirk Van Houten, who has been married for 21 years, would like to buy his...

Finance
Q

Exchange-Traded Funds (ETFs) There are partial credits available for this question since the question is...

Finance