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3 years ago

Common-size statements ________.

Business

1 answer:

Vanyuwa [196]3 years ago

3 0

Answer:

The correct answer is letter "A": allow the users to compare numbers in relative terms rather than absolute amounts.

Explanation:

A Common-Size Financial Statement shows all Balance sheet items as a percentage of a common base calculation measuring them in relative rather than absolute amounts. Generally, the Common Size statement uses Total Sales Revenue as the common base. It will contrast any other factor such as Cost of Goods Sold or Operating Expenses or anything else it intends to measure as a percentage of total sales revenue.

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An ________ (one word) is the document that itemizes the quantities and costs of the items you purchase from a wholesaler or sup

MatroZZZ [7]

Could the answer be an invoice?

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3 years ago

Computing the terminal-year FCF: Miles Cyprus Corp. purchased a truck that currently has a book value of $1,000. If the firm sel

jeka57 [31]

Answer:

$3,800

Explanation:

Miles Cyrus bought the truck for $1,000 and then sold it for $5,000:

The selling price of the truck is = $5,000

The cost basis of the truck is = ($1,000)

Net capital gain is = $4,000

capital gains taxes is $4,000 x 30% = $1,200

The terminal year future cash flow is = $5,000 - $1,200 = $3,800

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3 years ago

Which of the following is an example of a deferral? A : recording revenues that have been earned on account B : expensing wages

MrMuchimi

Answer:

C : expensing a part of the cost of a building

Explanation:

A deferral is an amount of money that was earned or paid but that would be included in the income statement in a future accounting period. According to this, the answer is expensing a part of the cost of a building because the company pays the cost of the building but includes a part of it in the current period and the remaining will be recorded in a future period.

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3 years ago

Time value An Iowa state savings bond can be converted to $750 at maturity 5 years from purchase. If the state bonds are to be

Elden [556K]

Answer:

$78.35

Explanation:

Given:

Future value = $750

Maturity time = 5 years

Annual rate = 5%

Now,

Future value = P × ( 1 + r )ⁿ

Where, P is the present value of the bonds

r is the rate of interest

n is number of periods

on substituting the values, we get

$100 = P × ( 1 + 5% )⁵

$100 = P × ( 1.05 )⁵

P = $78.35

Hence, the state should sell its bond at a price of $78.35

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3 years ago

Explain how to calculate total asset turnover. Describe what it reveals about a company's financial condition, whether a higher

Deffense [45]

Total Asset Turnover -Net sales / Revenue divided by Average Total Cost

Explanation:

Total Asset turnover helps to know :-

1. Financial Condition - Which means how much profit the company has earned and what are there Retained Earnings.

2. Desirable Ratios - Depending upon the company type and size ratios are decided which helps them to make a standard comparison.

Total Asset turnover helps to compare the efficiency of the company through figures which would give them a direction to increase there sales volume.

8 0

3 years ago