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kkurt [141]
3 years ago
11

Horizontal analysis of income statements a.shows individual revenue and expense items as a percentage of net income. b.shows cha

nges in individual asset, liability, and equity items over time. cpares individual income statement items to those on the income statements of other companies. d.uses the earlier income statement as the base for computing percentage changes.
Business
2 answers:
Alexxandr [17]3 years ago
4 0

Answer:

The answer is d.uses the earlier income statement as the base for computing percentage changes.

Explanation:

Horizontal analysis is used in the review of a company's financial statements over multiple periods.

KatRina [158]3 years ago
3 0

Answer:

The correct answer is letter "D": uses the earlier income statement as the base for computing percentage changes.

Explanation:

Horizontal Analysis compares a company's Balance Sheet or Income Statement over two or more accounting periods. <em>The earliest Income Statement will be considered as the base for comparing changes over the firm's performance in other years</em>. It is called horizontal analysis because it displays numbers in rows, side by side, where changes are clear to see.

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Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of
Rufina [12.5K]

Answer:

b. a radio broadcast

Explanation:

The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all

Therefore as per the given options, the option b is correct

hence, the other options are incorrect

7 0
3 years ago
Which of the following statements is normative? Group of answer choices Congress gives certain business corporations tax breaks.
fredd [130]

Answer: Congress gives too many tax breaks to corporations.

Explanation:

Normative statements are said to be statement of opinion and not fact.

Option D is therefore a normative statement because it is the opinion of the speaker that congress gives too many tax breaks because from a neutral standpoint, it cannot be said with certainty the number of tax breaks that will be considered too much.

The other options are statements of fact.

8 0
3 years ago
A(n)___standard is the quantity of material required if the process is 100fficient without any loss or waste.
vodomira [7]

A <u>practical</u> standard is the quantity of material required if the process is 100fficient without any loss or waste.

Sensible requirements are the requirements that are set for everyday working conditions. They account for reasonable and unavoidable wastages which are part and parcel of the normal manufacturing manner. Practical standards remember the effect that factors along with machine preservation and maintenance time, everyday employee breaks, etc.

Perfect requirements aren't practical standards, apart from in the very quick run, and are consequently of little use for control wherein their use will be very demotivating for employees.  Achievable standards constitute what will be done with a reasonable degree of effort below ordinary working situations.

Ideal preferred costs, those preferred expenses constitute the best overall performance. They assume 100% efficiency, that there are no losses or idle time. They constitute the minimal charges that are feasible below the maximum efficient running situations.

Learn more about the practical standard here brainly.com/question/14143211

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4 0
2 years ago
Before Kraft introduced Philadelphia Single Size Cream Cheese Spreads, it test marketed them in California markets to see if the
Nitella [24]

Answer:

The right option is (a)

Explanation:

Experimental research is a technique that helps to analyse the initial consumer response before officially launching the project. Kraft has launched an experimental research in California market to test their product and to analyse if the serving was acceptable with the new product. Experimental research generally helps to determine the flaws and loopholes in a product.

4 0
3 years ago
LO 4.4Assigning indirect costs to specific jobs is completed by which of the following?
LUCKY_DIMON [66]

Answer:

using the predetermined overhead rate

Explanation:

The indirect cost is also known as the overhead cost. The overhead cost are those cost which is related to the factory expenses like - depreciation, property taxes, utility expense, rent expense, repairs expense, indirect labor, and indirect material cost, etc

As we know

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours) or (estimated machine labor-hours)  

As the case maybe

By using the predetermined we can easily allocate the indirect cost to the specific cost

6 0
3 years ago
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