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
Mashutka [201]
3 years ago
14

On a common-size balance sheet all accounts for the current year are expressed as a percentage of:

Business
1 answer:
OLga [1]3 years ago
7 0

Answer:

d. Total assets of the current year.

Explanation:

All accounts of the current year regardless of their nature, what I mean with this is that any account could add or subtract, all that kind of operations at the end give you the total result of the current year, and every account of the respective year could be expressed as a percentage of the total assets of the respective year, for example:

                                                                                                                                                 

Total assets year A         $1000                        Total assets year A  100%  

cash  year A                     $200                         cash  year A              20%        

equipment  year A          $600                          equipment  year A    60%

buildings    year A           $200                          buildings   year A       20%

Every account correspond to the same year of the calculation.

You might be interested in
Three employees and their job descriptions are listed in the chart below.
Ilia_Sergeevich [38]
I think the answer is <span>Monica works for a utilities company, Travis is self-employed, and Maggie works for a power company.</span>
8 0
3 years ago
Read 2 more answers
In the new products process, after evaluating an idea, various views on the idea are combined together in what is often called t
kolezko [41]

Answer:

The correct answer is letter "A": full screen.

Explanation:

The full screen is a scoring model carried out to determine the feasibility of a product. In this stage, the technical and commercial aspects of that product are evaluated to find out if it is possible to be materialized or if the development of that good should stop.

5 0
3 years ago
Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta
Ganezh [65]

Answer:

Activity Rates

Consultation  $150

Drawings        $58

Modeling         $0.7

supervision       $190

Billings              $1037.5

Collections       $1642.5

Total overhead allocated: $ 126,826

Explanation:

First, we divide the cost of each activity over the base total to get the rate.

\left[\begin{array}{ccccc}$Activity&Driver&cost&Total&Rate\\$Consultation&$contact hours&315000&2100&150\\$Drawings&$desing hours&104400&1800&58\\$Modeling&$square feet&32200&46000&0.7\\$supervision&$days&228000&1200&190\\$Billings&$jobs&8300&8&1037.5\\$Collections&$jobs&13140&8&1642.5\\\end{array}\right]

Now we apply this rate against the job activity measurement:

\left[\begin{array}{ccccc}$Activity&Job&$Rate&$Allocated\\$Consultation&410&150&61500\\$Drawings&352&58&20416&\\$Modeling&7400&0.7&5180&\\$supervision&195&190&37050&\\$Billings&1&1037.5&1037.5&\\$Collections&1&1642.5&1642.5&\\$Total&&&126826&\\\end{array}\right]

3 0
4 years ago
Determine the gross income of the beneficiaries in the following cases:
olga nikolaevna [1]

Answer:

1. Justin’s employer was downsizing and offered employees an amount equal to one year’s salary if the employee would voluntarily retire.

  • the compensation is included in Justin's gross income.

2. Trina contracted a disease and was unable to work for six months. Because of her dire circumstances, her employer paid her one-half of her regular salary while she was away from work.

  • the compensation is included in Trina's gross income.

3. Coral Corporation collected $1,000,000 on a key person life insurance policy when its chief executive died. The corporation had paid the premiums on the policy of $77,000, which were not deductible by the corporation.

  • the benefits are included in the company's taxable income, but the premiums paid are deductible

4. Juan collected $40,000 on a life insurance policy when his wife, Leona, died in 2020. The insurance policy was provided by Leona’s employer, and the premiums were excluded from Leona’s gross income as group term life insurance. In 2020, Juan also collected the $3,500 accrued salary owed to Leona at the time of her death.

  • the life insurance policy proceeds are not taxable, but the accrued salaries are taxed

8 0
3 years ago
The way a product is delivered is determined by:Consumers in highly developed countries value _____ as compared to their counter
ss7ja [257]

Answer:

The correct answer to the following question is Product attributes.

Explanation:

Product attributes can be defined as the characteristics or features of a particular product that helps in defining what the product is and these attributes have a influence on the consumer's buying decision. Such attributes can be both tangible and intangible, where in tangible it can be color, weight, size, quantity of the product and on the other hand in the intangible attributes it can be quality, price , reliability of the product. In the developed nations people value such attributes more than in other developing nations.

3 0
4 years ago
Other questions:
  • Your annual sales are $240,000. The sales are spread evenly over four quarters. What are your sales in each quarter?
    9·1 answer
  • If the date of an entity's financial statements is December 31, the date of the auditor's report is February 20, and the audit r
    13·1 answer
  • The asks a court to be appointed in order to collect assets?
    7·1 answer
  • Fast Spirit Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variab
    10·1 answer
  • The demand curve for good X is generally highly inelastic at and around the current price. If we assume that the supply curve is
    9·2 answers
  • Which of the following is true about how a firm in a competitive market decides what level of output to produce in order to maxi
    9·1 answer
  • Sally Toone wants to start a new business, and hopes to attract several hundred investors
    9·1 answer
  • The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. A c
    5·1 answer
  • If the allowance method of accounting for uncollectible receivables is used, what general ledger account is credited to write of
    5·1 answer
  • Question 12
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!