<u>The vertical analysis</u> identifies the relative contribution made by each financial statement line item.
<h3><u>Vertical Analysis: What Is It?</u></h3>
Each line item is provided as a percentage of a base figure in the statement as part of a technique called vertical analysis for financial statement analysis. As a result, line items on an income statement and balance sheet can both be expressed as a percentage of gross sales, a percentage of total assets or liabilities, and a percentage of total assets or liabilities, respectively. Vertical analysis of a cash flow statement also displays each cash inflow or outflow as a percentage of total cash inflows.
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$256,065
Depending on total income, taxes on social security can range from 50-85%
Because of Bernie's pension income he is in the 85% bracket.
Pension + (.85 * Soc Security income)
240000+ 16065= 256,065
Answer:
The correct answer is option (D).
Explanation:
A driver's license is an identity proof but it is not sufficient to verify Javier's eligibility to work in the U.S. as it does not show eligibility for employment. The driver's license is a license provided by the administration to the capable person to drive the vehicle.
While the other options are incorrect because:
- A U.S. birth certificate is incorrect because it is sufficient to verify Javier's eligibility to work in the U.S. as it verifies the eligibility for employment.
- A U.S. passport also verifies the eligibility for employment and hence it is incorrect.
- A permanent resident card is incorrect because it also works as a identity and verifies eligibility for employment.
Answer:
Creative crops has the smallest negative balance for debt.
Explanation:
Debt is a cheap source of finance but excess debt increase gearing of a company which creates liquidity crisis for a company. The company has secured debts from various companies and to keep track for repayment of debt company has designed an application which shows the records for all debts. The smallest negative balance for debt is creative crops.
Answer:
A. Does production of fake whales exhibit diseconomies of scale, economies of scale, or constant returns to scale?
the production of fake whales exhibit economies of scale
- the total cost per unit for producing 1 whale = $16,000
- the total cost per unit for producing 2 whale = $10,500
- the total cost per unit for producing 3 whale = $8,667
- the total cost per unit for producing 4 whale = $7,750
- the total cost per unit for producing 5 whale = $7,200
- the cost per unit keeps decreasing as total output increases
B. What is the fixed cost of producing fake whales?
$11,000, the cost of the mold
C. What is the variable cost of producing fake whales?
$5,000 per whale
