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ryzh [129]
2 years ago
8

Comparative financial statements in which each individual financial statement amount is expressed as a percentage of a base amou

nt are called?
Business
1 answer:
Marianna [84]2 years ago
5 0

Comparative financial statements in which each financial statement amount is expressed as a percentage of a base amount are called Common-size comparative statements.

<h3>What is a comparative financial statement?</h3>

A comparative statement is a record used to compare a particular financial statement with previous period statements. Previous financials are shown alongside the latest figures in side-by-side columns, allowing investors to identify trends, track a company's progress and approximate it with industry rivals.

<h3>What is a comparative statement also known as?</h3>

Comparative statements are the form of horizontal analysis. A common size statement shows the profitability and financial position of a firm for different periods in a comparative form to give an idea about the position of two or more periods.

To learn more about Comparative financial statements visit the link

brainly.com/question/14186894

#SPJ4

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charger company's most recent balance sheet reports total assets of $28,413,000, total liabilities of $16,113,000 and total equi
OleMash [197]

The debt to equity ratio for the period, based on the total liabilities and total equity, would be  1.31

<h3>How to find the debt to equity ratio?</h3>

The debt to equity ratio shows the amount of debt that a company has as a ratio of the debts to the equity that the company has.

The debt to equity ratio can be found by the formula:

= Total liabilities / Total Equity

Total liabilities = $16, 113, 000

Total equity = $12, 300, 000

The debt to equity ratio is therefore:
= 16, 113, 000 / 12, 300, 000

= 1.31

Find out more on the debt to equity ratio at brainly.com/question/27993089

#SPJ1

5 0
1 year ago
Hot Topic LLC appeals to tweens and teens through their Gothic frocks, fad movie gear, piercing paraphernalia, and popular t-shi
GarryVolchara [31]

Answer:

The answer is A) target market.

Explanation:

A target market is a group of consumers or organizations most likely to buy a company's products or services.

6 0
3 years ago
Webster is a talented baker and has a degree in business management. He wants to own his own chain of incorporated bakeries one
Ludmilka [50]

Answer: High up-front costs.

Explanation:

Webster's limitation to owning a chain of incorporated bakeries would be the high up-front cost or capital needed to start up the company.

The up-front costs as in the case of the question is the money needed to start up the bakery company.

3 0
3 years ago
Arrange the steps to show the effects of contractionary fiscal policy. Tiles Inflationary pressure decreases. Government increas
lana [24]
<span>Government increases the tax rate.
Consumers have less money to spend.
</span>Producers manufacture fewer goods.
Inflationary pressure decreases.<span>

</span>
7 0
3 years ago
Read 2 more answers
On December 29, 2005, BJ Co. sold an equity security investment that had been purchased on January 4, 2004. BJ owned no other ma
sineoko [7]

Answer:

AFS 2004 market price decline exceeded 2005 market price recovery

No No

The security cannot be classified as available-for-sale because the unrealized gains and losses are recognized in the Income Statement. Unrealized gains and losses on available-for-sale securities are recognized in owners' equity, not earnings.

The second part of the question is somewhat ambiguous. The 2004 price decline could exceed or be exceeded by the 2005 price recovery. The loss in the first year is not related in amount and does not constrain the realized gain in the second year.

The way to answer the question is to read the right column heading as implying that the earlier price decline must exceed the later price recovery. With that interpretation, the correct answer is no.

For example, assume a cost of $10 and a market value of $4 at the end of the first year. An unrealized loss of $6 is recognized in earnings. During the second year, the security is sold for $12. A realized gain of $8 is recognized-the increase in the market value from the end of the first year to the sale in the second year. Thus, the market decline in the first year did not exceed the recovery in year two. (It could have exceeded the recovery in year two but there is no requirement that it must.)

Explanation:

3 0
3 years ago
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