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Anton [14]
3 years ago
8

Which of the following ratios appears on a common-size balance sheet? I. Debt to asset ratio II. Net working capital to total as

sets III. Net profit margin
Business
1 answer:
Mekhanik [1.2K]3 years ago
5 0

Answer:

The answer is I, II

Explanation:

Common-size ratio is a way of expressing each line item of a financial statement as a percentage of a selected line item.

For income statement, each line item is expressed as a percentage of net sales or revenue.

For balance sheet, each line item is expressed as a percentage of total assets.

Both I and II are correct because they are expressed as a percentage of total assets and it is a balance sheet

III is wrong because net profit margin is expressed as a percentage of sales

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"A customer buys pharmaceutical and utility stocks in his portfolio. This portfolio would be best characterized as:"
lilavasa [31]

Answer:

Defensive Portfolio

Explanation:

Defensive portfolio consist of stocks that are protected from the market movement forces such that they perform acceptably well both during good and bad economic times, much unlike cyclical stocks. The companies within the portfolio are those that manufacture and produce essential goods and services and therefore will also thrive when the economy is in a difficult state.

Many defensive portfolio companies offer dividends with the effect of reducing capital losses.

4 0
3 years ago
Assume that Jones Company has an unadjusted balance in Merchandise Inventory of $100,000. Due to shrinkage, a physical inventory
Liono4ka [1.6K]

The journal entry that is needed to record the needed adjustment is;

Cost of Goods sold: 1,000 debit

Merchandise Inventory: 1,000 credit

When making the journal entry the company needs to adjust for the lower amount of merchandise that they have. Then the cost of the goods that were sold needs to be debited. Lastly, the merchandise inventory is credited.

It is imperative that all companies keep an updated journal. This helps to keep the balances correct. If the company has an audit and the adjustments aren't made correctly they could be fined.

Learn more merchandise inventory at brainly.com/question/13414269

#LearnwithBrainly

6 0
3 years ago
what term describes the conscious, systematic process of making decisions about goals and activities that an individual, group,
Natali5045456 [20]

The term that gives clues about decision making towards one goals as well as ones activities as regards this question can be referred to as Planning.

  • Planning can be regarded as process that involves thinking about activities needed in achieving ones goal   as well as organizing these activities in way that would make it easier to achieve the desired goal.
  • Planning can as well be explained as management process which concerned about defining goals for  the future of company and its direction.
  • Planning helps in determining the missions as well as the resources needed in  achieving those targets.

<em>Therefore, Planning involve setting ones goal and all process involves in pursuing it.</em>

<em />

Learn more at: brainly.com/question/22939933?referrer=searchResults

7 0
3 years ago
Buddy's Burger Barn purchased produce for the week from one of its
BaLLatris [955]
It’s d and e i’m pretty sur
3 0
3 years ago
Daniel, age 38, is single and has the following income and expenses in 2020:
sergejj [24]

Answer:

A. $90,800

B. $87,575

Explanation:

Calculation to determine Daniel's gross income and his AGI

A. Calculation for the Gross income using this formula

Gross income=Salary income + Net rent income + Dividend income

Let plug in the formula

Gross income= $87,000 + 2,500 + 1,300

Gross income=$90,800

Therefore her Gross income is $90,800

B. Calculation to determine the AGI using this formula

AGI=Gross income - (Contribution to traditional IRA + Loss on sale of real estate)

Let plug in the formula

AGI= $90,800 - ($2,400 + $825)

AGI=$90,800-$3,225

AGI=$87,575

Therefore her AGI is $87,575

8 0
2 years ago
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