1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
-BARSIC- [3]
3 years ago
10

The term "spreading the financial statements" refers to __________

Business
1 answer:
wolverine [178]3 years ago
5 0

Answer:

The correct answer is letter "B": creating common-size financial statements.

Explanation:

In financial accounting, the phrase <em>"spreading the financial statements"</em> equals recording the common-size financial statement. By this, information is displayed in the Balance Sheet as a percentage of a common base figure. The common-size statement typically uses total sales revenue as the common base.

You might be interested in
The Mary Company primarily sells dishes, and recently purchased a cardboard box company. Mary's new cardboard box division has n
fgiga [73]

Answer: $1.50

Explanation:

Based on the information given in the question, we are informed that the variable cost of each box is $1.50 and usually has a contribution margin of $0.80 per box.

We should note that the minimum transfer price that the box division should find as acceptable will be the relevant cost. In this case, the relevant cost is given as $1.50 pee box and therefore, the minimum transfer price will be $1.50.

8 0
3 years ago
To reduce the amount of waste we produce takes thoughtful consideration about which products we use and how we use them. a goal
Goshia [24]
Use only disposable goods

8 0
3 years ago
Read 2 more answers
Carlos worked 40 hours last week. His hourly rate is $9.14. What did he earn last week
liraira [26]

Answer:

367.2

Explanation:

IM NOT SURE IF ITS CORRECT

8 0
4 years ago
Read 2 more answers
S&amp;L Computer services has separate divisions to focus on the needs of individual consumers, small businesses, and large busi
prisoha [69]

Answer:

Letter c is correct. <u>Customer.</u>

Explanation:

Departmentalization by customer is a type<u> of grouping that divides organizational activities so that they are effective in meeting and directing organizational strategies to a type of audience that has similar characteristics</u>, such as age, gender, preferences, and income. Each unit has customized characteristics and sales method so that the customer group has a positive perception about the organization and its requirements and needs are properly met.

3 0
3 years ago
Activity rates from Quattrone Corporation's activity-based costing system are listed below. The company uses the activity rates
Sedaia [141]

Answer:

3,078.9

Explanation:

Given that,

customer orders $102.35 per customer order

Assembling products $2.65 per assembly hour

Setting up batches $54.31 per batch

Total cost:

= Customer order + Assembly hour + Batch

= [102.35 × 4] + [2.65 × 495] + [54.31 × 25]

= 409.4 + 1,311.75 + 1,357.75

= 3,078.9

Therefore, the overhead cost that would be assigned to Product F76D using the activity-based costing system is 3,078.9.

6 0
4 years ago
Other questions:
  • Laurs Company uses the percentage of receivables method for recording bad debts expense. The Accounts Receivable balance is $200
    12·1 answer
  • Regulations that permit a regulated firm to cover its costs and to make a normal level of profit are commonly referred to as
    9·1 answer
  • Cian, an automobile manufacturer, offers a new car model with features comparable to that of another popular brand. However, the
    10·1 answer
  • 1. marginal change in total cost resulting from an action 2. marginal benefit change in total benefit resulting from an action 3
    15·1 answer
  • Kaelker Corporation reports that at an activity level of 7,000 units, its total variable cost is $590,730 and its total fixed co
    15·1 answer
  • George's Equipment is planning on merging with Nelson Machinery. George's will pay Nelson's shareholders the current value of th
    9·1 answer
  • You just won a prize that comes with two payout choices. The first option is to get $100,000 right now and nothing hereafter. Th
    9·1 answer
  • How do lenders and borrower's requirements differ in financial services?​
    8·2 answers
  • A standard cost _____ indicates the amount of direct labor, direct materials and overhead for one unit of product. Multiple choi
    9·1 answer
  • Describe how a recent a<br> change in supply has affected a<br> product that you regularly purchase?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!