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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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"
ss7ja [257]
As seen in the chart  B has the comparative advantage in coal because 1/3 > 1/5 It means they are better at producing coal than the U.S.Have in mind examples like:
U.S. 
1 barrel of oil = 4 hrs 
1 ton of coal = 5 hrs 

B 
1 barrel of oil = 7 hrs 
1 ton of coal = 3 hrs 
After seeing this we can say that the country which has more availability has a comparative advantage over other countries.
Hope this helps
8 0
3 years ago
Read 2 more answers
Why are online sellers a stakeholder in Amazon?
lukranit [14]
These stakeholders are significant because they influence consumer perception on the company's goods and services it basically provides a better business
5 0
3 years ago
2. Identify four skills that you will need to actively participate in meetings.​
ser-zykov [4K]

Answer:

Particpating, having to ability to drink a lot of coffe, being energetic, concertrating.

Explanation:

3 0
3 years ago
Assume an indifference map with other goods on the vertical axis and health on the horizontal axis. The government provides fami
Savatey [412]

Answer:

C. have a zero slope up to $400 and then have a negative slope.

Explanation:

Here in the attached diagram

H denotes the individual income

H = Services of the healthcare

G = Other goods

As it can be seen that the ABC is the budget line and the budget line is horizontal till $400 i.e. zero slope and afterwards it would be downward sloping i.e. negative slope

In the case when the income is fully spend on the other goods so an individual after that can consume $400 due to which the budget line could be horizontal and become parallel to the axis

Therefore the correct option is C.

6 0
2 years ago
Direct labor and indirect labor are recorded, respectively, to: Multiple Choice Work in Process Inventory and Factory Overhead.
Nana76 [90]

Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.

<h3>What is indirect labor?</h3>

Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.

Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.

Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.

Learn more on labour below

brainly.com/question/453055

#SPJ1

7 0
2 years ago
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