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Licemer1 [7]
3 years ago
14

Select the correct option(s):

Business
1 answer:
svetlana [45]3 years ago
6 0

Answer: a. The common-size balance sheet allow for comparison of firms with different levels of total assets by introducing a common denominator.

Explanation: The common-size balance sheets are those balance sheets in which the structure of each part of the assets, liabilities and equity major categories are detailed, each one with their absolute value (the amount) and their relative value (percentage of the total).

For example, assets are 5 million dollars, capital 3 million and liabilities 2 million. Cash is 1 million. So in the common-size balance sheet you will see Cash (or liquidity) for 1 million dollars and 20%.

This way you can compare two or more firms with different ammount of assets (one with 8 million with one of just 1 million, for example) as indicating which is the percentage of liquidity for each one, or their percetage of liabilities, etc. The relative value, which is made in the common-size balance sheets makes this comparisson possible.

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Your healthy 63-year-old neighbor is about to retire and comes to you for advice. From talking with her, you find out she was pl
pashok25 [27]

Answer:

Both mutual funds and money market funds are similar in the sense that they pool money from several investors in a variety of instruments. The difference is that money market funds pool the money in very liquid, short-term securities, while mutual funds do the same but in less liquid, longer-term securities.

The 63-year-old neighbor should therefore split the money around 60/40, 60% of the funds for mutual funds, in order to have long-term security, and 40% in the money market funds, in order to have quick cash available when needed.

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2 years ago
At the beginning of the month, the Forming Department of Martin Manufacturing had 26,000 units in inventory, 30% complete as to
miskamm [114]

Answer:

  • Materials - 100,400
  • Conversion - 95,600

Explanation:

Equivalent Units = Units Completed and Transferred out + Ending Work in Progress.

Materials Equivalent Units

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= 14,400 units

Equivalent Units = 86,000 + 14,400

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Conversion Equivalent Units

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= 9,600 units

Equivalent Units = 86,000 + 9,600

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What is a vision statement
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Read 2 more answers
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svetlana [45]

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China's biggest insurance companies are among the largest companies in the world.

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