Answer:
False
Explanation:
A common size income statement is an income statement expressed in percentages. Each line item is expressed as a percentage of total revenue or total sales, not as a percentage of net income.
A common size income statement is used to analyze the relative weight of the company's accounts, e.g. gross margins, net margins, manufacturing expenses relative to total sales, etc.
-Individuals involved in the conflict is encouraged to come together.
-Every individual involved in the conflict expresses his or her opinion in an open manner.
-Every individual involved in the conflict is encouraged to offer a solution.
-Discuss all the solutions and decide on the one that satisfies everyone.
Answer:
c. as a deduction from Stockholders’ Equity
Explanation:
The treatment of the treasury stock in the balance sheet is that it is deducted from the stockholder equity as it shows the buy back position of the common stock
The other things i.e retained earnings, additional paid in capital is to be added as it increased the balance of the stockholder equity
Therefore in the given case, the option C is correct
Mandatory spending is something that either has, or is strongly urged to be done. Discretionary spending is based on the spenders discretion, if the spender thinks it needs to be spent, then they would do so. Example of mandatory spending would be paying back a loan. Example of discretionary spending would be a good business investment. Hope this helps!
