This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: >Complete a vertical analysis on the balance sheet for Jake's Janitorial Service for December 31 of ... (Read 140 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Feb 26, 2020

>Complete a vertical analysis  on the balance sheet for Jake's Janitorial Service for December 31 of last year. The company assets are cash accounts receivable merchandise inventory and equipment The liabilities are accounts payable wages payable and mortgage note payable The owner's capital is
◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 14.4%
Wages payable: 24.7%
Mortgage note payable: 26.7%
Total liabilities: 43.9%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 6.3%
Wages payable: 10.9%
Mortgage note payable: 60.8%
Total liabilities: 43.9%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 6.3%
Wages payable: 10.9%
Mortgage note payable: 26.7%
Total liabilities: 43.9%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

◦ Jake's Janitorial Service Balance Sheet
Cash: 13.6%
Accounts receivable: 23.5%
Merchandise inventory: 37.6%
Equipment: 25.3%
Total assets: 100%
Accounts payable: 14.4%
Wages payable: 24.7%
Mortgage note payable: 60.8%
Total liabilities: 100%
Jake's capital: 56.1%
Total liabilities and owner's equity: 100%

Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SGallaher96 on Feb 26, 2020

jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 65% of students answer this correctly


SGallaher96

  • Member
  • Posts: 509
Reply 2 on: Feb 26, 2020
:D TYSM

JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

(A) Unwrap each of the layers until the client is covered by just the plastic sheet and the towels ... (A) Unwrap each of the layers until the client is covered by just the plastic sheet and the towels ...
Acid–Base Balance Acid–Base Balance
Swot analysis Swot analysis
Gene-expression analysis generated from expression DNA microarrays Gene-expression analysis generated from expression DNA microarrays
A plaque assay for bacteriophage analysis A plaque assay for bacteriophage analysis
GENETIC ANALYSIS GENETIC ANALYSIS
Video: Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library