All categories

4 years ago

During the years 2015 through 2017, Question Query Inc., reported the following amounts of net income (in thousands of dollars):

Business

2 answers:

slavikrds [6]4 years ago

7 0

Answer:

The percentage change in net income was smaller in 2017 than 2016.

Explanation:

The percentage change in net income in 2016 was:

⇒ 150/120 -1 = 0.25 or 25%.

Whereas, the percentage change in net income in 2017 was:

⇒ 170/150 -1 = 0.1333 or 13.33%.

Hence, this statement is correct that percentage change in 2017 was 13.33% which was smaller than percentage change of 25% in 2016.

Eduardwww [97]4 years ago

3 0

Answer:

was smaller in 2017 than 2016

Explanation:

The percentage change in net income relative to prior year would be given as the net difference between the two years income divided by the net income for the prior year.

As such,

the percentage change in net income

2015

= (120 - 0)/0

= ∞

2016

= (150 - 120)/120

= 25%

2017

= (170 - 150)/150

= 13.33%

You might be interested in

Which of the following statements is FALSE of consumer dissatisfaction?a. It is a mild emotion that does not create relatively s

Hatshy [7]

Answer:

a. It is a mild emotion that does not create relatively strong behavioral reactions.

Explanation:

The statement that is false is that consumer dissatisfaction it is a mild emotion that does not create relatively strong behavioral reactions as when customers are not happy about a product or service they purchased, they have strong feelings about it because they tend to think that they paid for something that is not what they expected and they can experiment many feelings like anger, sadness and that they were deceived and even robbed which can lead to make claims to the company involved demanding a compensation.

5 0

3 years ago

ANSWER IF GAY OKKKKKKKKK

Alexxx [7]

Answer:

YASSSSSSSSSSSSSS

I'm lesbian tho -

Explanation:

7 0

3 years ago

Read 2 more answers

Today's Fashions has a debt that has been properly reported as long-term debt before this year. Part of this debt is due this ye

siniylev [52]

Answer:

Current ratio will be overstated

Explanation:

Current ratio measures the short term solvency of a firm. In other words, it measures the ability of the firm to meet its current obligations. It is the ratio of current assets to current liabilities.

A part of long term liability that is to be paid this year is considered current liabilities. If today's fashion continues to report debt due in the current year as long term liability, then current liabilities reported would be lesser than the actual position. As such, current ratio calculated would be higher than what it is actually. So, current ratio will be overstated in this case.

5 0

3 years ago

Think of a outline for a hypothetical business

Sedaia [141]

Answer:

The Executive Summary. ...

The Business Description. ...

Market Analysis. ...

Competitive Analysis. ...

Sales and Marketing Plan. ...

Ownership and Management Plan. ...

Operating Plan. ...

Financial Plan.

Explanation:

confusion??

5 0

4 years ago

Suppose that Yakov, an economist from a university in Arizona, and Ana, an economist from a nonprofit organization on the West C

Natasha2012 [34]

Answer: a. differences in scientific judgments

Explanation:

Economists generally argue about most policies due to the different schools of thought that they adhere to.

These schools of thought are influenced by scientific judgements they believe to be the most applicable to the economies of nations. This difference in opinion between these two is most likely because they follow different schools of thought with differences in scientific judgements.

3 0

3 years ago