Patrick guitman recently graduated from college with $20,000 in student loans and $5,000 in credit card debt. he usually makes minimum payments on his debt and he has been late with three payments in the last year. he wants to buy a new car but was told that his interest rate on a loan would be very high. what is the most likely reason this might be so? a. general interest rates are very lowb. his credit rating is poor because of his late paymentsc. he already has a student loan outstandingd. recent graduates are not allowed to have more than $25,000 in debt outstanding e. interest rates must be tied to the cpi

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

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