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malfutka [58]
3 years ago
6

A typical way in which a common-size income statement is constructed is by dividing all expense items in an income statement by

net income. True False
Business
1 answer:
Ad libitum [116K]3 years ago
3 0

Answer:

False

Explanation:

A common size income statement is an income statement expressed in percentages. Each line item is expressed as a percentage of total revenue or total sales, not as a percentage of net income.

A common size income statement is used to analyze the relative weight of the company's accounts, e.g. gross margins, net margins, manufacturing expenses relative to total sales, etc.

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Sthilaire Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.52 direct la
Fed [463]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Each unit of output requires 0.52 direct labor-hours. The direct labor rate is $9.00 per direct labor-hour. The production budget calls for producing 1,700 units in April and 1,600 units in May. The company is committed to paying its direct labor workforce for at least 960 hours a month.

We need to calculate the total number of hours required each month.

April:

Direct labor hours= 1,700 units* 0.52= 884 hours

Total cost= 960 hours*$9= $8,640

May:

Direct labor hours= 1,600 units* 0.52= 832 hours

Total cost= 960 hours*$9= $8,640

3 0
2 years ago
What divides the system into a set of functional units that can be used independently or combined with other modules for increas
Aleksandr [31]
The modular design divides the system into a set of functional units that can be used independently or combined with other modules for increased business flexibility. <span>The system's components may be separated and recombined with the help of this design. The goal is better results (profit) and efficiency.</span>
5 0
3 years ago
A(n) ____ project implements changes to an existing system to enable operation in a different technology environment. question 5
RSB [31]

Maintenance

What is Technology Environment?

Environmental technology (envirotech), also referred to as green technology (greentech), or clean technology (cleantech), is the application of one or more of environmental science, green chemistry, environmental monitoring, and electronic devices in order to monitor, model, and conserve the natural environment and resources, as well as to lessen the adverse effects of human involvement. The phrase is also used to refer to renewable energy generation methods like photovoltaics and wind turbines. The foundation of environmental technology is sustainable development. Another use of the phrase "environmental technology" is to refer to a group of technological gadgets that can support resource management that is sustainable.

To learn more about Technology Environment

brainly.com/question/15157500

#SPJ4

8 0
1 year ago
Which of the following are criteria for determining whether to record an asset as a fixed asset?
DochEvi [55]

Answer:must be long lived and used by the company in its normal operations.

Explanation:

6 0
3 years ago
The operating cash flow of a cost-cutting project: Group of answer choices
swat32

Answer:

can only be analyzed by projecting the sales and costs for a firm's entire operations.

Explanation:

To be able to effectively cut costs, an analysis of a company's sales and operating costs must be performed. In a cost-cutting situation, financial control will be an important predictor of competitive advantage, as the more detailed sales and cost projection and analysis, the more information the company will have to control inputs and outputs and design strategies that will assist. on long-term organizational success.

7 0
3 years ago
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