All categories

3 years ago

A common size income statement:_______.

Business

1 answer:

yulyashka [42]3 years ago

7 0

Answer:

The correct answer is letter "B": expresses items as a percentage of net sales.

Explanation:

A Common Size Income Statement reflects a percentage of net sales for each account. Common size income statements are basic tools that a business owner may use to compare the performance of his company to rivals or to compare the company to industry averages. Each line in this type of income statement is displayed as a percentage of revenue or sales and the amounts are compared to past performances which allow to observe the different values easily.

You might be interested in

Bjorn felt that the focus groups did not give him enough quantitative information to make a decision, so he directed his manager

klio [65]

Answer:A

Explanation:

Veracity : This simply means conformity with truth or facts. Since Bjorn felt that the focus group did not give him fact, he would hereby, adopt veracity to achieve his secondary research.

4 0

3 years ago

Gillstrap Promotions has projected the following values for the next three months:

alex41 [277]

Answer:

1.9058n n=15x x=17g g=5L

Explanation:

4 0

3 years ago

The nominal exchange rate is .80 euros per dollar and the real exchange rate is 4/3. Which of the following prices for a particu

Svetach [21]

Answer:

option (C) $5 in the U.S. and 3 euros in Italy

Explanation:

Data provided in the question:

Nominal exchange rate, E = 0.80 euros per dollar

Real exchange rate = $\frac{4}{3}$

Now,

Real exchange rate = [ Price of good in US ] ÷ [ Price of Good in Italy ]

= $\frac{EPU}{PI}$

Here,

PU = Price of US in dollars

PI = Price of Italy in Euros

Thus,

Real exchange in rate

$\frac{4}{3}$ = $\frac{0.8PU}{PI}$

$\frac{PU}{PI}$ = $\frac{5}{3}$

hence,

we get

Ratio of Price of a good in US to Price of a Good in Italy = $\frac{5}{3}$

we can say $5 in the U.S. and 3 euros in Italy

option (C) $5 in the U.S. and 3 euros in Italy

4 0

3 years ago

Which section of a business plan gives details about a business’s core products and services?

yuradex [85]

Answer:

the executive summary. (more info below)

Explanation:

A strong executive summary is a convincing one. It shows the mission statement of the organization, along with a brief summary of its goods and services. It may also be a smart opportunity to clarify briefly why you are beginning your company and to give specifics about your background in the field that you are joining.These four key sections are what the 4 major sections of a business plan, the executive summary, marketing plan, key management bios, and financial plan.

hope this helped!

5 0

3 years ago

Rockwell Inc. reported the following results for the year ended June 30, 2016:

pychu [463]

Answer:

See attached file

Explanation:

The Retained Earnings Statement is prepared to show changes in the amount of retained earnings over the accountable period. Retained earnings and Stockholders´ contributions are the main accounts in Stockholders´ Equity.

The first ones are profits reserved by the company to invest in future projects rather than distribute as dividends to shareholders, that’s why are calculated as follows:

Retained Earnings Final Balance = Retained Earnings Beginning balance – Dividend in cash – Stock dividend + Net Income – Net loss.

Stock Divided will register as Stockholders´ contributions.

4 0

3 years ago