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xxMikexx [17]
3 years ago
8

A common-size income statement is useful for - comparing total assets and total liabilities of different firms. - comparing work

ing capital position of firms in different industries. - comparing financial performance of different firms. - comparing cash from investing activities of different firms.
Business
1 answer:
zysi [14]3 years ago
3 0

Answer:

comparing financial performance of different firms

Explanation:

According to my research on different income statements, I can say that based on the information provided within the question this type of statement is useful for comparing financial performance of different firms. This is because it provides percentages of the value of revenue or sales. Which can then be compared to the same statistics in other firms regardless of amounts.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Which statement best describes the economic relationship between
Sveta_85 [38]

Answer:

A. Households buy goods from product markets.

#FreeMelvin

3 0
3 years ago
Camerina started work at 9 am, and left at 2:30 p.m. How many hours of
konstantin123 [22]

Answer:

B option 5.5 is correct

Explanation:

Started time = 9 am

Ended Time = 2:30 p.m

Total time = 2:30 pm -  9 am

                = 5.5 hours

3 0
3 years ago
A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials, $10 per un
blagie [28]

Answer:

$28,000

Explanation:

The cost per unit, under absorption costing is given by the total producing cost divided by the number of units produced.

Cost = Units x (Direct materials + Direct labor) + Variable and Fixed overhead

Cost = 10,000*(\$6+\$10) +\$120,000+\$70,000\\Cost = \$350,000

The cost per unit is:

C_u=\frac{\$350,000}{10,000}\\C_u = \$35

The value of inventory is given by the remaining units in inventory multiplied by the cost per unit

I=800*\$35\\I=\$28,000

The value of inventory, under absorption costing, is $28,000.

8 0
3 years ago
When preparing for a business trip to China, Kaylee Putbrese determined she needed to bring $5,200. How much must she borrow for
Sergeeva-Olga [200]

Answer:

Borrowed amount = $5417

Explanation:

Discount note = 4%

This means that Kaylee has 100 - 4 = 96% of the borrowed amount at hand

Cash at hand = $5,200

Let the borrowed amount = X

Cash at hand = 96% of X

5200 = (96/100) * X

X = (5200 * 100)/96

X = $5417

Borrowed amount = $5417

3 0
3 years ago
Read 2 more answers
1 1.1 Briefly name and explain the aspects of the marking mix.​
mafiozo [28]

Answer: Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.

Explanation:

Marketing mix could described as methods taken by an organization to boast their brand or improve demand of product in the market.

Aspects of marketing mix are Price, product, promotion and place.

Price; this refers to the value of a product. The organization in considering marketing mix would have to make her price affordable for the market in relation with the value of the product it's selling.

Product; this is the item being sold. The item must be valuable and worth the buy of the customers, this would improve consistent buying and referral by those who have already bought.

Promotion: this refers to actions taken to make known the product visibility in the market. This actions could be through branding, marketing with the aim of making the products demanded more than usual always.

Place: these is referred to as the target market. Every market is not a market, the place refers to those who are either already customers or would be customers. The organization must try to identify those who her products address and try selling to them.

5 0
3 years ago
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