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a_sh-v [17]
3 years ago
9

You would like to compare your firm's cost structure to that of your competitors. However, your competitors are much larger in s

ize than your firm. Which one of these would best enable you to compare costs across your industry? Multiple Choice a. Pro forma balance sheet b. Common-size income statement c. Statement of cash flows
Business
1 answer:
Mashutka [201]3 years ago
6 0

Answer:

b. Common-size income statement

Explanation:

The common-size income statement refers to the income statement which show the each item of the income statement with respect to the percentage of sales revenue.

It helps to analyze the company overall productivity, financial position, performance of the company that helps the company to compare with its competitors.

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In a remote village, a person used five beaver pelts to buy a bag of rice and two beaver pelts to buy a pair of shoes. for what
adelina 88 [10]

The purpose why the person use the money is for medium of exchange.

<h3>What is money?</h3>

Money is a legal tender, approved by the government of a country as a means of exchange. Money is used to pay for services received and also for the purchase of goods.

Characteristics of money are:

  • Store of value
  • Medium of exchange
  • Unit of account

Hence, the purpose why the person use the money is for medium of exchange.

Learn more about money here: brainly.com/question/1812645

#SPJ4

7 0
2 years ago
When you purchase an item in a store, you may be charged __________.
Bess [88]
<span>When buying any item in most stores, you are charged sales tax. Retailers, even smaller businesses are charged taxes for running their business. Businesses are able to pass on part of the burden to their paying customers in way of sales tax. So when you see an item marked as 99 cents, you will be paying slightly more than a dollar in almost all cases.</span>
5 0
3 years ago
Read 2 more answers
If the margin of safety is 0, then a.the margin of safety cannot be less than or equal to 0; it must be positive. b.the company
sdas [7]

Answer:

d.the company is precisely breaking even.

Explanation:

Margin of safety is referred to current sales - Break even sales ratio to current sales as a percentage.

Basically it is quoted as follows:

\frac{Current\ sales\ -\ Break-even\ Sales}{Current\ Sales} \times 100

Therefore, when the current sales = Break even sales then only the company will have margin of safety = 0

Thus, at 0 margin of safety the company basically is at no profit no loss situation, that is break even.

3 0
3 years ago
nder the general transfer pricing rule with excess capacity, the opportunity cost would be equal: Multiple Choice zero. the dire
Thepotemich [5.8K]

Answer:

ZERO.

Explanation:

A transfer price normally is used to determine the cost to charge another division, subsidiary, or holding company for services rendered. It is said that transfer prices are priced based on the going market price for that good or service. Transfer pricing can also be applied to intellectual property such as research, patents, and royalties.

However, companies at times can also use (or misuse) this practice by altering their taxable income, thus reducing their overall taxes. The transfer pricing mechanism is a way that companies can shift tax liabilities to low-cost tax jurisdictions.

3 0
3 years ago
Read 2 more answers
An individual is at a restaurant with two other people and they are trying to determine the tip for their check total which came
wariber [46]

Answer: $10.00

Explanation:

The individual and the other two are trying to pay an 18% tip so the amount they should tip can be calculated by:

= Check total * 18%

= 57.38 * 18%

= $10.3284

= $10.00 to the nearest dollar

5 0
3 years ago
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