Answer:
Common Size Income Statement
Explanation:
In a common size income statement, each line item of the Income statement is expressed as a percentage of the sales amount for that period.
This helps in comparing performance of companies in different sectors or industries.
The Current yield on the bonds are calculated as :
Current yield = Annual coupon payments/ Current price
Here, we assume the face value of the bond to be $1000
Annual coupon payments are 10.6% of the face value or 0.106*1000 = 106
Current price = 108.1% of the face value = 1.081* 1000 = 1081
Current Yield = 106/1081
Current Yield = 0.098057 = 9.8057%
Current Yield = 9.81% (Rounded to two decimals)
As regards media planners trying to reach a large percentage of their target audience with no limitations, this is <u>False</u>.
<h3>Why is this statement false?</h3>
The ultimate goal of a company is to reduce costs and make more profit. As a result, media planners try to keep costs as low as possible when engaging in ad campaigns.
This means that they try to reach the largest percentage of people they can reach, with limitations placed on them.
In conclusion, this is false.
Find out more on media planners at brainly.com/question/7289927.
Answer:
The correct answer is Less than the estimated costs.
Explanation:
The percentage method completed is an accounting practice used to recognize income in long-term contracts.
When long-term projects (greater than one year) are undertaken, the costs and revenues associated with it are incurred throughout its life.
This accounting method, as its name suggests, allows the company to account for part of the associated income and expenses incurred as the project phases are completed. Thus, the percentage complete method is understood as a method of recognition of recognition of income and expenses that is applied continuously without having to defer income and expenses at the end of the project.
Answer:
$53,700
Explanation:
Direct manufacturing cost = (Direct material per unit + Direct labor per unit) * Units produced
=($5.20 + $3.75) * 6,000 units
=$8.95 * 6,000
=$53,700
The total amount of direct manufacturing cost incurred is closest to $53,700
