An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement
<h3>What is common-size statement?</h3>
An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement. Typically, this refers to overall earnings or total sales. Financial ratio analysis's objective is comparable to that of a common-size income statement. Items are shown as a percentage of a common base amount, such as total sales revenue, in a financial statement of common size. This kind of financial statement makes it simple to compare one company to another or different time periods within the same company.
The common-size statement refers to expressing each value as a percent of sales:
Sales 3,340 100.000%
income 274 8.234% (274 divided by 3340 times 100)
fixed assets 2,699 80.809%
current assets 836 25.030%
Inventory 417 0.12485 (417/3,340)
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Structural Realism
Explanation:
International politics is basically a struggle for power, but they don't always endorse the conventional logical view that this is a human psychology outcome. The lack of an overall authority over countries and relative power sharing in the international system refer defense rivalry and intergovernmental disputes to them.
Structural realism maintains that its theory of chaos and capability allocation (measured for the number of large competences within the international system) determine the essence of the international framework. The international system has a dynamic anarchically organising theory, which ensures that there is no hierarchical central authority.
Answer:
c. They generally represent items that need to be created in order to produce the final deliverables.
Explanation:
Work Breakdown Structure (WBS) is a tool that the project manager uses to progressively divide deliverables into smaller pieces. It gives framework that can be used as a basis for further planning activities. They are displayed in an indented outline format.
The answer is: B. For most products, packaging performs only one basic function, to protect the goods inside during shipping, handling and storage. However, this is a critical function, so packaging Must be given a high priority.
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Answer:
The reasons for using the variable-cost approach include all of the following except
this approach provides the most defensible bases for justifying prices to all interested parties.
Explanation:
This is not part of the reasons for using the variable-cost approach. But options b, c, and d are certainly the reasons why the variable-cost approach is used. The variable-cost approach provides a differential analysis for decision-making. It assigns overhead costs to the period in which they are incurred, while other variable costs are assigned to the merchandise produced within that period. Thus, by excluding fixed manufacturing overhead cost, only the direct costs associated with production are used in accounting for the product's costs.
