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Lerok [7]
1 year ago
8

what is a major advantage of the multiple-step income statement over the single-step income statement? the multiple-step income

statement clearly presents the value of total expenses. the multiple-step income statement clearly presents the value of total revenues. the multiple-step income statement shows the relationship of gross profit to sales. the multiple-step income statement is less complex to prepare.
Business
1 answer:
Nataly [62]1 year ago
6 0

The multiple-step income statement clearly presents the value of total expenses is a major advantage of the multiple-step income statement over the single-step income statement. The correct option is A.

<h3>What is the advantage of using the multiple-step income statement?</h3>

The main advantage of using a multi-step income statement is that it separates operating and non-operating income. This reduces financial clutter and emphasizes the most important aspect of a company's finances—the operational portion.

Multiple-step income statements' siloed breakdowns enable deeper margin analysis and more accurate representations of costs of goods sold. Such specificity provides stakeholders with a clearer picture of how a company operates by comparing gross, operating, and net margins.

Thus, the ideal selection is option A.

Learn more about the multiple-step income statement here:

brainly.com/question/28893322

#SPJ1

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If Raphael's boss is interested in a graphical representation of the relationship between the price and quantity of televisions
11111nata11111 [884]

Answer:

1.  a demand curve

2.  a demand schedule

Explanation:

A demand curve is a graphical presentation indicating the connection between the price of a product, for example Television, and the quantity demanded for that product at a specific price.

On the other hand, a demand schedule is a table presentation of detailed data or numbers of the price-quantity demanded relationship for a product.

Hence, the right answer are:

1. a demand curve

2. a demand schedule

4 0
4 years ago
Care must be taken involving capital investment decisions, since normally a long-term commitment of funds is involved and operat
scoray [572]

It is a true statement that extreme care need to be exercise while making decision involving capital investment.

<h3>What are capital investment?</h3>

These are investment that entails a long-term commitment of funds for business operations.

These is an investment that allows a company to further its long-term business goals and objectives.

In conclusion, an extreme care is needed while deciding on capital investment because a wrong decision will affect the firm operation in the long run.

Read more about capital investment

<em>brainly.com/question/9144560</em>

7 0
2 years ago
Sam was driving when someone ran a stop sign and totaled his car. his car cannot be repaired, so he realizes he's going to have
anzhelika [568]
<span>The stage of the consumer decision making process that is represented is needing recognition. When Sam's car was totaled by someone hitting a stop sign, Sam found out his car could not be repaired therefor he discovered that he needed a new car. This was recognizing the need, which was to replace his vehicle.</span>
6 0
3 years ago
Joey's first task as a new employee at a Technology firm is to write a computer program to perform a predictable task. Joey can
sveticcg [70]

Answer: Option A

       

Explanation: In simple words, critical thinking refers to the process under which an individual or an entity analyse and evaluate their objectives with the intent of forming a judgement for then purpose.

In the given case, joey has a wide variety of alternatives to choose to how to perform then task and the supervisor will form judgement about his work on the basis of the choices he made for the work assigned.

7 0
3 years ago
Trish receives $450 on the first of each month. Josh receives $450 on the last day of each month. Both Trish and Josh will recei
mamaluj [8]

Answer:

The last option is the answer -$141.80

Explanation:

we will use the present value formula for Trish she gets paid every first day of the month therefore she will receive an immediate payment of cash flow which will be added to the present value of future periodic value. Therefore we will find the difference between present values for Trish and Josh which have the same amounts which they'll receive per month.

Given: Trish and josh both receive $450 per month therefore that will be C the monthly future payment that will be received.

They will receive these amounts in a course period of Four years so that will be n = 4 x12=48  because we know that they will receive these payments every month or on a monthly basis for four years. which n represent periodic payments.

i which is the discount rate of 9.5%/12 as we know they will recieve these amounts monthly.

Therefore using the following formulas for present value annuity:

Pv = C[(1-(1+i)^-n)/i] and Pv= C[(1-(1+i)^-n)/i](1+i) then get the difference between these two present values for Trish and Josh.

therefore we will substitute the above values on the above mentioned formula to get the difference:

Pv= 450[(1-(1+9.5%/12)^-48)/(9.5%/12)]  - 450[(1-(1+9.5%/12)^-48)/(9.5%/12)](1+9.5%/12)    then we compute and get

Pv= $17911.77614 - $18053.5777

Pv = -$141.80 is the difference between the two sets of present values as one has an immediate payment and one doesn't have it.

3 0
4 years ago
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