Answer: A company is classified as simple business when revenues generated by the dominant business are greater than 95%.
Explanation: The advantage of having a company where its profits come from a single type of activity, is that they concentrate all their forces and can have a better competitive advantage than in the opposite case, activities are diversified. Example: A company dedicated to the manufacture of private vehicles would be simple if it only executes the manufacture of vehicles and diversified when it sells in addition to private vehicles, trucks and motorcycles.
The formula to calculate p/e ratio is: price/earnings.
So, the price of the stock would be
p/e ratio = price/earnings
18 = price / 2.4
Price= 2.4 x 18
Price = 43.2
The maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus is: 250 chart.
<h3>What is
chart of accounts in QuickBooks?</h3>
Chart of accounts in QuickBooks can be defined as the account that are mostly use in tracking every financial statement or information.
The Chart of accounts in QuickBooks should not be more than 250 chart of account based on the fact that if your account is higher than 250 in your chart of account this can tend to lead to suspension of the subscription you made.
Therefore the maximum number of accounts allowed within the chart of accounts in QuickBooks Online Plus is: 250 chart.
Learn more about chart of accounts in QuickBooks here:brainly.com/question/14493199
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Answer:
The internal growth rate is 4.36%
Explanation:
net income = 8.3%*386,400
= $32,071.20
net working capital = current assets – current liabilities
current assets – 37200 = 16700
= $53,900
total assets = current assets + net fixed assets
= 53,900 + 391,500
= 445,400
Then:
ROA = 53,900/445400
= 0.072005
b = 1 - 48% = 0.52
internal growth rate = 0.072005*0.52/1 - (0.072005*0.52)
= 0.041763/0.958237
= 4.36%
Therefore, The internal growth rate is 4.36%
