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ololo11 [35]
1 year ago
5

To convert a balance sheet into a commonsize balance sheet statement, we restate all the numbers as percentages of ________. a.

total liabilities b. total assets c. total owners' equity d. revenue
Business
1 answer:
k0ka [10]1 year ago
6 0

To convert a balance sheet into a common-size balance sheet statement, we restate all the numbers as percentages of total assets. A common-size financial statement shows line items as a percentage of a selected or normal figure. Creating common-size financial statements makes it easier to analyze a company over time and compare it to its peers. Using common-size financial statements helps you spot trends that a raw financial statement might not reveal.

All three primary financial statements can be laid out in a common-size format. Dollar amount financial statements can easily be converted to common-size financial statements using a spreadsheet. Below is an overview of each financial statement and a more detailed summary of the advantages and disadvantages such analysis can provide you.

Learn more about common-size financial statements:

brainly.com/question/27406789

#SPJ4

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In the context of the sociological perspectives on groups and organizations, _____ contend that organizations promote inequality
Mazyrski [523]

The conflict perspective.

5 0
3 years ago
Condelezza Co. manufactures two products, A and B, in two production departments, Assembly and Finishing. Condelezza Co. expects
Naddika [18.5K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Condelezza Co. expects to produce 10,000 units of Product A and 20,000 units of Product B in the coming year.

Budgeted factory overhead costs for the coming year are:

Assembly $310,000

Finishing 240,000

Total $550,000

The machine hours expected to be used in the coming year are as follows:

Assembly Dept.

Product A 15,100

Product B 4,900

Total 20,000

Finishing Dept.

Product A 9,000

Product B 11,000

Total 20,000

A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 550,000/40,000= $13.75 per machine hour

B) Departamental rates:

Assembly= 310,000/20,000= $15.5 per machine hour.

Finishing= 240,000/20,000= $12 per machine hour.

5 0
3 years ago
The balance sheet of Cattleman's Steakhouse shows assets of $85,900 and liabilities of $13,500. The fair value of the assets is
cestrela7 [59]

Answer:

$7,120

Explanation:

Given that,

Assets = $85,900

Liabilities = $13,500

Fair value of assets = $90,500

Fair value of its liabilities = $13,500

Amount paid to acquire all of its assets and liabilities = $84,120

Net assets:

= Fair value of assets - Fair value of its liabilities

= $90,500 - $13,500

= $77,000

Goodwill = Purchase consideration - Net assets

               = $84,120 - $77,000

               = $7,120

8 0
3 years ago
Refrez Inc., a U.S.-based cereal manufacturer, begins selling its products in China. While people in the United States eat cerea
STALIN [3.7K]

The obstacle to defining the research problem was that the company failed  in collecting quantitative data /Selection of inappropriate respondent resulted in wrong output.

Explanation:

A research design is a blue print that a company prepares for conducting  marketing research .

A firm collects quantitative data by conducting surveys and asking the customers or consumers to fill the forms (questionnaires).These surveys and questionnaires helps the company in making product related decision in various markets.(i.e how to customize the product as per the taste and the preferences of the consumers)

<u>The obstacle to defining the research problem was that the company failed  in collecting quantitative data /Selection of inappropriate respondent resulted in wrong output.Hence the company Refrez Inc failed to acknowledge the fact that people in the United States eat cereal with cold milk, whereas the people of China eat cereal with hot milk.</u>

As a result, Refrez Inc witnessed a decline in sales of its product in Chinese market .

6 0
4 years ago
Question #8
mojhsa [17]
It’s mainly talking about money and workers and how businesses increase the focus on the task soo i think the answer is “The economy”
3 0
3 years ago
Read 2 more answers
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