Answer:
The answer is I, II
Explanation:
Common-size ratio is a way of expressing each line item of a financial statement as a percentage of a selected line item.
For income statement, each line item is expressed as a percentage of net sales or revenue.
For balance sheet, each line item is expressed as a percentage of total assets.
Both I and II are correct because they are expressed as a percentage of total assets and it is a balance sheet
III is wrong because net profit margin is expressed as a percentage of sales
Answer:
Siewert Inc.
a) Journal Entry:
A memo entry to show that there is a 2-for-1 split only with new par value of $0.50 for 80 million shares.
b) The par value after the split = $0.50
Explanation:
a) Data and Calculations:
Common Stock = 40 million shares
Par value = $1
Declared stock split = 2-for-1
Market price of stock = $15 on June 13
New Common Stock = 80 million shares (40 million * 2)
New Par Value of Stock = $0.50 ($1/2)
b) Siewert Inc. does not record any journal entry for the stock split. Instead, it prepares a memo entry in its journal that indicates the nature of the stock split (2-for-1) and indicates the new par value to be $0.50. The company's balance sheet will reflect the new par value and the new number of shares authorized, issued, and outstanding after the stock split, which has been multiplied by 2 as 80 million shares.
<span>GDP per capita is not a good measure of the standard of living because there is no attention paid to the price level in GDP per capita. For example, your GDP could be really high such as in places like Japan(largest economy in the world at the moment) so their GDP per capita is high. However, their cost of living is also very high(due to lack of land area) leading to a low standard of living.</span>
Answer:
Carriage Inc. should not invest in the new plant because the IRR of the project is less than its cost of capital.
Explanation:
The investment should NOT be made in the new plant because its internal rate of return is lower than Carriage's cost of capital.
In simple language since the return (IRR) that will be gotten from the new plant is LOWER than the cost (cost of capital), then the company is not making a profit if it invests in this new plant.
Generally, as a decision rule, a company should only invest when the IRR is higher than (or equal to) its cost of capital.
Answer:
c. to understand which variables are the cause and which variables are the effect of a phenomenon.
Explanation:
Descriptive research is a research where the population is described or the situation is to be studied. Here the focus is to answer the questions in terms of how, what, where, and when instead of why.
So as per the given optiosn, the option c is incorrect as the option a, b and d represent the descriptive research
So the left option i.e. option c is to be choosen