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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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Mark is considering opening a money market account. What is an issue that he needs to be aware of when comparing a money market
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The right answer for the question that is being asked and shown above is that: "C) Mark will not be able to write checks from a money market account, which will encourage him to save money." This an issue that he needs to be aware of when comparing a money market account to a checking <span>account</span>
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3 years ago
Fund flows that occur within a quarterly reporting period are referred to as _______________ cash flows.
valentina_108 [34]

Answer:

The options are

A. Inter period

B. Intra period

C. Regular

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The answer is B. Intra period

Intra period cash flow is defined as the flow which occurred in a certain period of time. In the example above , the cash flow occurred within quarterly reporting period of time.

6 0
2 years ago
If marijuana were legalized, it is likely that there would be an increase in the demand for marijuana. If demand for marijuana i
Mkey [24]

Answer:

C. Higher prices but lower total revenue from marijuana sales.

Explanation:

The above scenario totally explains inelastic demand. Inelastic demand is when the buyer’s demand does not change as much as the price changes. When price increases by 20% and demand decreases by only 1%, demand is said to be inelastic.

When the price increases, people will still purchase roughly the same amount of the good or service as they did prior to the increase because their needs stay the same. A similar situation exists when there is a decrease in price demand will not increase substantially because consumers only have a limited need for the product.

4 0
3 years ago
Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit then what is the optimal
skelet666 [1.2K]

Consider the demand equation q=20,000 p^(-1.4). if the cost of production is constant at $0.50 per unit $1.75 is the optimal price to maximize profit.

The income maximization system depends on income general sales overall fee. consequently, a firm maximizes earnings while MR = MC, that is the primary order, and the second order depends on the first order. This idea differs from wealth maximization in phrases of length for income earnings and the company's goals.

Calculation,

The demand equation q=20,000 p^(-1.4)

The production constant is $0.50

maximum profit= $1.75

The choicest charge is that charge point at which the total earnings of the seller are maximized. while the rate is just too low the vendor is shifting a big quantity of devices but income is the best possible combination of income. Examples of income maximizations like this encompass: discovering less expensive raw materials than those presently used. discover a provider that gives better charges for inventory purchases. locate product resources with decreased delivery prices. lessen labor expenses.

Learn more about The optimal price here:-brainly.com/question/28332226

#SPJ4

4 0
1 year ago
Please answer that question
SOVA2 [1]
1) agree 2)agree 3)disagree 4) disagree 5) agree 6) agree 7) agree 8) agree
7 0
3 years ago
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