1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
BigorU [14]
3 years ago
15

Which of the following statements regarding horizontal analysis is not true? Multiple Choice a.Percentage analysis involves comp

uting the percentage relationship between two amounts. b.In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item. c.A horizontal analysis of cost of goods sold on the income statement includes dividing net income by total revenue. d.Horizontal analysis attempts to eliminate the materiality problem of comparing firms of different sizes.
Business
1 answer:
dalvyx [7]3 years ago
4 0

Answer:

The answer is B In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item.

Explanation:

Horizontal analysis of a balance sheet shows changes in individual assets, liability, and equity items over time.

Horizontal analysis of an income statement compares the amount of each item on a current income statement with the same item on an earlier income statement.

Horizontal analysis is used in financial statement analysis to compare historical data, such as ratios, or line items, over a number of accounting periods. Horizontal analysis can either use absolute comparisons or percentage comparisons, where the numbers in each succeeding period are expressed as a percentage of the amount in the baseline year, within the baseline amount being listed as 100%.

You might be interested in
The par value of a stock:
SCORPION-xisa [38]

Answer:

A) is used to determine minimum legal capital balances at issuance

Explanation:

The par value of stock represents the minimum amount that must be paid per share. Par value is also referred as the Face Value or Nominal Value of common stock.  The Par Value of common stock is  derived by Par value per share * No. of Issued Shares.

8 0
4 years ago
________ refers to how consumers see a brand relative to the other brands in the product category.
Pepsi [2]
Answer: Brand position.  
Brand position can be explained as the position or standing of the brand as compared to other companies or its peers. It shows the level of the brand and its credibility. Brand positioning is creating the image of brand in the mind of the consumers.
7 0
3 years ago
Of these three charts which one is best as far as focal point
neonofarm [45]
I see no picture or problem !!
5 0
3 years ago
The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the w
sesenic [268]

Answer:

E.match its core competencies.

Explanation:

The Mayo Clinic in Minnesota is known for top-quality medical care and focusing its efforts on satisfying customer needs that match its core competencies.

every organization has is desire goals and vision.

the goals and vision of Mayo clinic is satisfying customer need which made them provide all the social amenities and medical equipment and infrastructure needed for quality treatment of patient.

with this core competencies : its makes then increase and advance there there establishment to other countries.

4 0
3 years ago
Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,000
yarga [219]

Answer:

An increase in sale for 90 units, will increase the net income for 1$,170

Explanation:

<em>We are not given with any information of additional cost or special price for this units, so we use the current values.</em>

So we simply multiply the contribution per unit by the increase in sale.

Contribution Margin  x Δ sales = Δ income

13 x 90 = 1,170

Each unit contributes with 13 additional income, there are 90 additional units

Total income added 1,170

8 0
4 years ago
Other questions:
  • The market for insurance is one example of reducing risk by using diversification.
    10·1 answer
  • Why is it that everyone cannot have everything they could possibly want?
    6·1 answer
  • Lusk Corporation produces and sells 14,100 units of Product X each month. The selling price of Product X is $23 per unit, and va
    10·1 answer
  • F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably
    6·1 answer
  • Last year, you purchased a stock at a price of $78.00 a share. Over the course of the year, you received $2.70 per share in divi
    15·1 answer
  • Dave Ryan is the CEO of Ryan's Arcade. At the end of its accounting period, December 31, Ryan's Arcade has assets of $643,800 an
    10·1 answer
  • Which of the following statements is CORRECT? a. Most business in the U.S. is conducted by corporations, and corporations' popul
    12·1 answer
  • Match the following Teamwork Skills to their descriptions
    8·1 answer
  • Diferencia entre cinética y equilibrio<br>​
    13·1 answer
  • Is it normal for a recruiter to ask the salary expectations in the first interview? If the salary monthly is beyond how much the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!