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1 year ago

A common-size income statement is an accounting statement that expresses all of a firm's expenses as a percentage of:_______

1 answer:

7 0

A common-size income statement is an accounting statement that expresses all of a firm's expenses as a percentage of total equity.

In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often indicated by the percent sign '%', but the abbreviations 'pct.', 'pct', and 'pc' are also sometimes used. Percentages are dimensionless numbers. It has no units of measure. Wikipedia

The percent difference between two values is calculated by dividing the absolute value of the difference between the two numbers by the average of those two numbers. Multiplying the result by 100 gives the answer as a percentage, not as a decimal. Finding 10% of a number means dividing by 10, so it's common to think that finding 20% of a number requires dividing by 20. To get 10% of a number you need to divide by 10. Because 10 goes into 100 10 times. So to get 20% of a number, divide by 5. Because 20 goes into 100 5 times.

Learn more about percentages here

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According to researchers, the ideal state for learning is feeling:

My name is Ann [436]

Answer:

C) relaxed and alert at the same time

Hope this helps! 'v'

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1 year ago

You operate a car detailing business with a fixed amount of machinery (capital), but you have recently altered the number of wo

NemiM [27]

Answer:

1.5 cars

Explanation:

Three employees can produce a total of:

= 4 × 3

= 12 cars in an hour.

Five employees can produce a total of:

= 3 × 5

= 15 cars in an hour

So, the increase in total product of labor as I increase the labor from 3 to 5 employees:

= Total product when 5 employees are hired - Total products when 3 employees are hired

= 15 - 12

= 3 cars.

So, the marginal product of moving from 3 to 5 workers:

= 3 ÷ 2

= 1.5 cars

3 0

3 years ago

Marcus is a manager of an automobile parts factory. he oversees the process of transforming the raw materials into automobile pa

Vinil7 [7]

Marcus is an operations manager, meaning he works to design and control production and operations involved in making and delivering a product.

4 0

3 years ago

Exercise 25-08 Pierre’s Hair Salon is considering opening a new location in French Lick, California. The cost of building a new

Bas_tet [7]

Answer: 14%

Explanation:

To calculate the Annual Rate of Return on such a project, you divide the Average net profit that the project is expected to make by the Average investment value.

This in effect compares future income to the investment in the project and so is a very useful tool in analysis.

Annual Rate of Return = Average Net Profit / Average Investment

Average Net Profit.

A new salon will normally generate annual revenues of $64,160, with annual expenses (including depreciation) of $40,500.

The net profit is revenue less expenses so,

= 64,160 - 40,500

= $23,660

Average Investment

The Average Investment is calculated by taking the average of the Initial Value of the project and it's ending value.

Initial value is $262,000 as that was the cost.

The Ending Value is the salvage value of $76,000.

= (262,000 + 76,000) / 2

= $169,000

The Annual Rate of Return is,

= 23,660 / 169,000

= 0.14

= 14%

6 0

2 years ago

Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Peca

Sergio039 [100]

Answer:

Year 1, $24,000; Year 2, $72,000; Year 3, $108,000; Year 4, $138,000; Year 5, $168,000; and Year 6, $210,000.

30,000 shares of 2% preferred stock $100 par

100,000 shares of common stock $25 par

dividends distributed per preferred stock $2 x 30,000 stocks = $60,000

Year Year Year Year Year Year

1 2 3 4 5 6

total dividends 24,000 72,000 108,000 138,000 168,000 210,000

distributed

to preferred 24,000 72,000 84,000 60,000 60,000 60,000

stocks

per preferred 0.80 2.40 2.80 2 2 2

stock

to common 0 0 20,000 78,000 108,000 150,000

stocks

per common 0 0 $0.20 $0.78 $1.08 $1.50

stock

7 0

3 years ago