Consolidated Industries' Financial Statements show the following: Net Income = 1,000; Sales = 8,000 Account Receiveable = 1,600; Accounts Payable = 1,200; Salaries = 700; Rent = 400; Current Assets = 2,800; Current Liabilities = 2,400; Interest 300; Total Liabilities = 3,600; Total Assets = 7,000; Total Equity = 3,400. What is the Common Sized Value for Salaries?
Question 13 options:
20.6%
70.0%
10.0%
8.8%
25.0%
You just opened an account with a mutual fund and will invest $200 each month through its automatic investment program. Assuming your earn a 6% annual rate of return, how much money will you have in 5 years?
Question 14 options:
$14,035
$14,481
$13,954
$11,805
$13,773