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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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The world trade organization envolved from which of the following?
Alexxandr [17]

Answer:

You might want to tape "evolve" in this case the answer is the GATT

Explanation:

The World Trade Organization's predecessor, the General Agreement on Tariffs and Trade (GATT), was established after World War II in the wake of other new multilateral institutions dedicated to international economic cooperation – notably the Bretton Woods institutions known as the World Bank and the International Monetary Fund. A comparable international institution for trade, named the International Trade Organization was successfully negotiated.

The World Trade Organization (WTO) is an intergovernmental organization which regulates international trade. The WTO officially commenced on 1 January 1995 under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The WTO deals with regulation of trade between participating countries by providing a framework for negotiating trade agreements and a dispute resolution process aimed at enforcing participants' adherence to WTO agreements, which is signed by representatives of member governments and ratified by their parliaments.

3 0
3 years ago
An aging of a company's accounts receivable indicates that $8500 are estimated to be uncollectible. If Allowance for Doubtful Ac
Evgesh-ka [11]

Answer:

debit to Bad Debt Expense for $5800

Explanation:

Accounts receivable estimated as uncollectible = $8500

Allowance for Doubtful Accounts = $2700

Additional allowance for Doubtful debts required = $8500 - $2700

                                                                                  = $5800

The adjustment to record bad debts for the period will be

Debit Bad debt expense   $5800

Credit Allowance for Doubtful Accounts  $5800

The right option is debit to Bad Debt Expense for $5800

3 0
3 years ago
Managers that must analyze data from 500 hotels to determine when to discount rooms based on occupancy patterns would be placed
andrey2020 [161]

Answer:A. Manager's need to analyze large amounts of information.

Explanation: One of the major roles and responsibilities of managers is the analysis of data and information before making any decisions. All managers must be effective and efficient in data analysis or in the analysis of Information in order to effectively perform and conduct the business of Management adequately.

Data analysis is a strategic need of management and it mainly sometimes involves large amount of information or data.

5 0
3 years ago
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_______________ mrp is an mrp system that includes production planning, master production scheduling, and capacity requirements
Diano4ka-milaya [45]
A Tangible mrp is an mrp system that includes those stated
3 0
3 years ago
One fact about all currency is that it
Deffense [45]

Answer:

Differs amounts between different countries

Explanation:

5 0
3 years ago
Read 2 more answers
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