All categories

2 years ago

What is Postage(in accounts)

1 answer:

6 0

To recognize a transaction on an account. For example, if one writes a check for $100 and $100 is deducted from that account three days later, the transaction is set to post on the third day.

You might be interested in

Cullumber Corp. paid a dividend of $2.44 yesterday. The company’s dividend is expected to grow at a steady rate of 5 percent for

Y_Kistochka [10]

Answer:

The market price is $12.81 per share.

Explanation:

The price of the stock today can be calculated using the constant growth model of DDM as the dividends are expected to grow at a constant rate. The formula to calculate the price of the stock under constant growth model is,

P0 = D1 / r-g

Where,

D1 is the Dividend for the next period or D0 * (1+g)
r is the required rate of return
g is the growth rate in dividends

P0 = 2.44 * (1+0.05) / (0.25 - 0.05)

P0 = $12.81

8 0

3 years ago

Read 2 more answers

What types of information does a W-2 form contain? Check all that apply

vovangra [49]

Answer:

Normally "check all that apply" is followed by answers to check...

Explanation:

A W-2 is a Tax statement

8 0

3 years ago

Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.)

Mila [183]

Answer: Cost of Goods sold

Explanation:

Common size analysis refers to making all entries in the income statement, a percentage of sales for that year.

Current Year Prior Year

Sales 100% 100%

Cost of Goods sold 75.7% 46.5%

Gross Profit 24.3% 53.5%

Operating expenses 17.3% 35%

Net Income 7.0% 18.5%

Looking at the percentages above, one can see that the COGS increased the most from the previous year by going from 46.5% to 75.7% representing an increase of 29.2%.

This had the most impact on Net income as it substantially reduced Gross profit.

8 0

3 years ago

Can someone help pick 1, 2,or 3 ?

ollegr [7]

Answer:

2no I think you are confused so

8 0

2 years ago

Exercise 177 Kirk Company issued a $3,500,000, 10%, 10-year mortgage note payable to finance the construction of a building at D

denis-greek [22]

Answer:

The annual installment payment consists of both interest payments and principal repayment.

The interest is based on the remaining balance which is $3,500,000 in this instance:

= 10% * 3,500,000

= $350,000

Principal repayment = 569,509 - 350,000

= $219,509

Date Account Titles and Explanation Debit Credit

Dec, 31 2020 Cash $569,609

Mortgage Payment $569,609

Date Account Titles and Explanation Debit Credit

Dec, 31 2021 Interest Expense $350,000

Mortgage Payable $219,509

Cash $569,609

7 0

3 years ago

What is Postage(in accounts)​

What is Postage(in accounts)