1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
U.S. appliance manufacturers find that different customs about shopping must be used to determine product design. For instance,
kvv77 [185]

Answer:

U.S. appliance manufacturers would be more likely successful if they used a <u>Transnational</u> marketing strategy

Explanation:

Transnational marketing strategy is a more personalized approach to selling and marketing with target customers need, shopping preferences and specifications put into consideration in the designing of the goods and services.

This strategy applies to the U.S. appliance manufacturers selling to different countries.

Therefore, people in Northern Europe who shop only once a week will be presented with bigger refrigerators while Southern Europeans who shop daily can opt for smaller ones.

7 0
3 years ago
What is a product's life cycle?
valentina_108 [34]
Or think about it it’s easy
8 0
3 years ago
Greg Downs recently has noticed that the plant he is managing is delivering only 30 percent of its products on time. To determin
strojnjashka [21]

Answer:

democratic/participative

Explanation:

Democratic leadership is also called participative leadership. In this type of leadership the supreme leader involves group member in decision making process. This foster participation, exchange of ideas which generates collective intelligence. it helps in not only making better decision making but also generates employee satisfaction by generating feeling of sense of belongingness.

4 0
3 years ago
Below are the simplified current and projected financial statements for Decker Enterprises. All of Decker's assets are operating
Mkey [24]

Answer:

Decker Enterprises

Based on the projections, Decker will have:___________:

b.) a financing surplus of $36

Explanation:

a) Data and Calculations:

Income Statement            Current        Projected

Sales                                     na              1,500

Costs                                    na              1,050

Profit before tax                   na                450

Taxes                                    na                 135

Net income                           na                315

Dividends                              na                95

Balance sheets    Current  Projected                          Current   Projected

Current assets        100        115          Current liabilities 70          81

Net fixed assets   1,200    1,440          Long-term debt 300      360

                                                             Common stock 500      500

                                                        Retained earnings 430      650

Total                    1,300     1,555            Total              1,300     1,591

b) Financing surplus             36

c) Decker Enterprises does not need additional financing, but has excess financing because the Liabilities and Equity are greater than the assets.

8 0
2 years ago
Determine which of the following statements are correct regarding damaged or obsolete goods. (Check all that apply.)
fenix001 [56]

Answer:

1.  Damaged or obsolete goods are not counted in inventory if they cannot be sold.  

2.  If these can be sold… Cost should be reduced to Net Realizable Value

Explanation:

The law relating to the valuation of inventory is that ''inventory should be valued at lower of 'Cost' and 'Net Realizable Value'.

Therefore in the case of damaged or obsolete goods, they have to be eliminated from inventory, otherwise it will lead to overvaluation.

However in the case where these can be sold, They have to be valued at lower of 'cost' or 'salable value', implying that 'Cost' should be reduced to 'Net Realizable Value'

8 0
3 years ago
Other questions:
  • Bramble Corp. purchased land as a factory site for $1350000. Bramble paid $124000 to tear down two buildings on the land. Salvag
    6·1 answer
  • Erik is an investor with $5,000 available for investment. He has the following three investment possibilities from which to choo
    6·1 answer
  • Kingbird, Inc. issues $250,000, 10-year, 6% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1,
    12·1 answer
  • Carolyn, a designer at logisign, was not given the promotion she was expecting during the annual performance appraisal. she took
    12·1 answer
  • Will Shakespeare is a struggling playwright in sixteenth-century London. As the price he receives for writing a play increases,
    13·1 answer
  • Garth decided to move out of a small homestead home and into a larger more expensive one. The market value of his old home at th
    7·1 answer
  • The Doak Company has projected the following quarterly sales amounts for the coming year:
    5·1 answer
  • Which act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products?
    7·2 answers
  • If you are gonna make a product what would it be and why? (true situation)
    7·2 answers
  • Arktec manufacturing must choose between the following two capacity options:
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!