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FinnZ [79.3K]
3 years ago
14

What is a common-size balance sheet? a. A statement that is common to an industry b. A statement that expresses each account on

the balance sheet as a percentage of total assets c. A statement that expresses each account on the balance sheet as a percentage of net income d. A statement that expresses each asset account on the balance sheet as a percentage of total assets and each liability account on the balance sheet as a percentage of total liabilities
Business
1 answer:
Volgvan3 years ago
3 0

Answer:

The correct answer is c) A statement that expresses each account on the balance sheet as a percentage of total assets

Explanation:

A common- size balance sheet is a statement that expresses each account on the balance sheet as a percentage of total assets

In other words, it is a balance sheet that shows the numeric value in a separate column of the relative percentages of total assets, This is useful for comparing the proportions, total liabilities and equity accounts between companies.

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Waterway Industries required production for June is 172000 units. To make one unit of finished product, three pounds of direct m
vagabundo [1.1K]

Answer:

Direct material purchase budget = 546,000  pounds

Explanation:

<em>Raw material purchase budget is determined by adjusting the raw material usage budget for opening and closing inventory of materials. </em>

Purchase budget = usage budgeted + closing inventory - opening inventory

Usage budget = Production budget × standard materials per unit

                       = 172,000 × 3 pounds= 516,000

Purchase budget =516,000  + 380,000 - 350,000=546,000

Direct material purchase budget = 546,000  pounds

8 0
3 years ago
Some high-end retail stores that distribute mail-order catalogs will prominently offer some very high priced goods for sale (for
g100num [7]

Option C

This practice is an example of: anchoring

<h3><u>Explanation:</u></h3>

Anchoring is the effectiveness of unrelated knowledge, such as the acquisition cost of safety, as a reference for estimating or predicting an unknown value of a financial means. Anchoring can be prompt with applicable metrics, such as valuation multiples.

During decision making, anchoring transpires when individuals use a fundamental piece of information to obtain consequent judgments. Once an anchor is established, other judgments are formed by adjusting incessantly from that anchor, and there is a preference proceeding evaluating other information encompassing the anchor.

3 0
4 years ago
Health insurance is offered by A. no employers. B. some employers. C. all employers. D. employers only if you work part-time.
Margaret [11]

Answer:

B!

Explanation:

Healthcare depends on the job and benefits one receives. Often employers leave insurance to the employees own discretion and responsibility.

6 0
3 years ago
when a manufacturer sells its products directly to consumers, it engages in which two supply-chain activities?
fiasKO [112]

Based on components of Supply Chain Management, when a manufacturer sells its products directly to consumers, it engages in <u>Source</u> and <u>Delivers</u> supply-chain activities.

This is because Supply Chain activities is divided into five components.

The Source component is how firms or companies look for buyers, vendors, or consumers to buy their products directly.

Also, the Deliver component is by which the company delivers the products purchased by vendors, buyers, or consumers directly to them without intermediaries.

Other components of Supply Chain activities include the following:

  • Plan;
  • Make;
  • Return

Hence, in this case, it is concluded that the correct answer is <u>Source</u> and <u>Deliver</u>.

Learn more here: brainly.com/question/18793688

8 0
3 years ago
Identify the correct equations for approximating economic growth.
guapka [62]
Be more specific because I don’t know what you mean
6 0
3 years ago
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