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

Business

1 answer:

oee [108]2 years 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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kkurt [141]

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Explanation:

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ICE Princess25 [194]

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3 years ago

In what situations is top-down planning likely to be superior to bottom-up emergent strategy development

Marianna [84]

Answer is given below :

Explanation:

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3 years ago

It is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit e

Wittaler [7]

Answer: True

Explanation:

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Therefore, it is better to evaluate economic decisions at the marginal, where the decision has to be made as long as its marginal benefit exceeds its marginal cost, if not equal to its marginal cost.

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4 years ago

On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $31,000

Diano4ka-milaya [45]

D Increase total assets and decrease net income

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3 years ago