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1 year ago

A common-sized income statement, each item is expressed as a percentage of net income. true false

Business

1 answer:

oee [108]1 year ago

8 0

In a common-sized income statement, each item is expressed as a percentage of net income. TRUE

Commonplace-size earnings statement is the vertical evaluation of the income statement. A vertical analysis indicates all gadgets as chances and now not in absolute figures which affords a higher assessment. each line object is expressed as a percent determined by the base parent within the declaration.

A not unusual length earnings statement is an earnings declaration wherein each line item is expressed as a percent of the price of revenue or income. it's far used for vertical analysis, in which each line object in a monetary assertion is represented as a percentage of a base figure inside the assertion.

Commonplace length statements are usually expressed in the form of percentages. therefore, such statements are also known as a hundred according to cent statements or factor percent statements as all of the individual items are taken as a percent of 100.

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4.3. Identify THREE benefits that could inspire one to avoid being unemployed after graduating (3x2) (6)

Sati [7]

Three benefits that could inspire one to avoid being unemployed after graduating is:

Do the Job you would desire after graduating during college
Apply for internships

Develop the qualities of a leader during college.

<h3>What is Unemployment?</h3>

Unemployment is a state of being idle without job. It is a situation where one does not work and does not earn.

Applying for internships during college can spur an individual to avoid being unemployed after graduating. Also, doing the work you desire to do after college can be a motivating factor and developing leadership skills can inspire one to avoid being unemployed after graduating.

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2 years ago

Which are the most likely uses of capital invested in a business?

Oksanka [162]

Answer:

B. hiring workers

D. producing goods

E. distributing goods

F. buying materials

Explanation:

7 0

3 years ago

Which of the following statements about the income statement is false? a. The single-step format groups all income items togethe

Sophie [7]

Answer:

The statement which is false is D) .

Explanation:

Income statement helps in assessing the current and past performance of the company, it also helps in predicting the future performance and in assessing the risk present in future in obtaining cash flows. Income statement are prepared through two methods either single step format ( which is used by sole proprietor and partnership firms ) or multi step format ( used by corporations ) .

In the single step format , all the income items are group together and are subtracted from the total cost, while in multi step format , a company breaks all the sources from where the revenues and cost have come, it is used to take out various measures like gross profit, operating profit etc.

A common size statement is one of the type of income statement where each account item is represented as a percentage of total sales value.

Option D is false because discounted operations and extraordinary transactions appear on both the single step and multi step format , these transactions are written as written as footnote below the statement.

5 0

3 years ago

100 points

sattari [20]

Answer:D

Explanation:

I took the test

3 0

2 years ago

Read 2 more answers

The head of ABC Company announces that the company is going to start a weekend project teaching self-defense techniques to under

Alex73 [517]

Answer:

B. behavioral

Explanation:

Attitude is the way of handling things as every individual use different approach in handling different task. There are three components that impact the attitude of working.

Cognitive.
Affective.
Behavioral.

The cognitive component is referred to as the knowledge and information of the people about the task or object.

The affective component is referred to like the feeling and emotion of a person toward handling any task or objects.

The behavioral component is a natural tendency of humans to behave in a certain way in a particular situation.

8 0

3 years ago