An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement
<h3>What is common-size statement?</h3>
An income statement that expresses each line item as a percentage of a base amount is known as a common-size income statement. Typically, this refers to overall earnings or total sales. Financial ratio analysis's objective is comparable to that of a common-size income statement. Items are shown as a percentage of a common base amount, such as total sales revenue, in a financial statement of common size. This kind of financial statement makes it simple to compare one company to another or different time periods within the same company.
The common-size statement refers to expressing each value as a percent of sales:
Sales 3,340 100.000%
income 274 8.234% (274 divided by 3340 times 100)
fixed assets 2,699 80.809%
current assets 836 25.030%
Inventory 417 0.12485 (417/3,340)
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Answer:
0.05712790 or 5.71%
Explanation:
Annual rate of return = [(1+ r1)^n1 x (1 + r2)^n2]^[1/(n1 + n2)] - 1
n1 is the time period in which annual interest rate =2.8%
n2 is the time period in which annual interest rate =7.2%
So, n1 = 7 years and n2 = 14 years
= [(1+2.8%)^7 x (1+7.2%)^14]^[1/(7 + 14)] - 1
= (1.21325420 x 2.64683577) ^ 1 / 21 - 1
= 1.05712790 - 1
= 0.05712790 or 5.71%
Answer: D. No insurance protection is offered on customer municipal accounts maintained at bank broker-dealers
Explanation:
Broker-Dealer are required to register their customers for insurance under the Securities Investor Protection Corporation (SIPC).
Broker-Dealers who however handle only tax-exempt securities such as municipal bonds are not required to be registered under the SIPC.
As this bank handles only municipal securities, they is not required to be registered under the SIPC which means that no insurance protection is offered on customer municipal accounts maintained by them.
Option C ($305 million) is the correct answer.
<u>Explanation:</u>
GDP<u> </u>= GNP - Net foreign factor income
GNP can be calculated by using the following formula
GNP (FC) = NNP (FC) + depreciation
NNP (FC) = 300, thus the depreciation is as follows:
Depreciation = Gross private domestic investment - Net private domestic investment
= 55 minus 40 = 15
<u>Now, we can calculate GNP (FC) by substituing the values into the formula </u>
GNP (FC) = 300 plus 15 = 315
<u>Now, we can calculate GDP by by substituing the values into the formula.</u>
GDP = 315 minus 10 = 305
Thus, the value of U.S. GDP is $305 billion
Therefore, the correct answer is option C
I think.the answer is five bc all u have to do is add them all up am I right
