All categories

3 years ago

Comparing each item on a financial statement with a total amount from the same statement is referred to as

Business

1 answer:

Arada [10]3 years ago

8 0

Answer: vertical analysis

Explanation:

Vertical analysis is when each item on a financial statement is compared with a total amount from the same statement.

Vertical analysis refers to a financial statement analysis method whereby each line item in a statement is listed as a percentage of the base figure. In such case, each amount in the income statement will then be restated as a percentage of sales.

You might be interested in

Daisy's Donuts rents retail space in the Crestwood Mall beginning January 1, 2018, and ending June 30, 2018. This is an example

MAVERICK [17]

I think the correct answer is : Tenancy for years

3 0

3 years ago

onas is the only history tutor in his town. He has three potential customers. Xavier is willingto pay $70 for tutoring, Yasha is

Cerrena [4.2K]

;

Answer:

a. $25

b. & c. $45, $25, $0

Explanation:

a. To charge the same price to each of his customers, Jonas will charge the least amount= $25 (offered by Zander)

b. Consumer surplus

I) For Xavier = $70 - $25 = $45

II) For Yasha = $50 - $25 = $25

III) For Zander = $25 - $25 = $0

c. Producer Surplus

I) For Xavier = $70 - $25 = $45

II) For Yasha = $50 - $25 = $25

III) For Zander = $25 - $25 = $0

8 0

3 years ago

Cobble Corporation produces and sells a single product. Data concerning that product appear below: Fixed expenses are $499,000 p

kupik [55]

Answer:

b. decrease of $8,900

Explanation:

the sales price and variable costs are missing, so I looked them up:

sales price = $160

variable costs = $48

current operating income:

sales revenue $800,000

variable costs ($240,000)

contribution margin $560,000

fixed costs ($499,000)

operating income $61,000

if the company follows the marketing manager's plan:

sales revenue $867,300

variable costs ($283,200)

contribution margin $584,100

fixed costs ($532,000)

operating income $52,100

operating income will decrease by $61,000 - $52,100 = $8,900

6 0

3 years ago

During the course of a year, the labor force consists of the same 1 comma 025 people. Of these, 18 lack skills that employers

natima [27]

Answer: 2.34% ; 4.10%

Explanation:

Total number of Labor force = 1,025

Number of people lacking skills = 18

Also, monthly 24 people become unemployed while 24 also gets employed

Frictional unemployment rate:

Number actively searching for job / total labor force

(24 / 1025) ×100

0.0234 × 100 = 2.34%

Unemployment rate :

(Number of actively searching + number lacking required skills) / labor force

[(24 + 18) / 1025] × 100

(42/ 1025) × 100

0.04097 × 100

= 4.097%

=4.10%

6 0

3 years ago

Thelma and Louie, Inc., started the year with a balance of retained earnings of $547 million and ended the year with retained ea

Elis [28]

Answer:

$161 million

Explanation:

Given that,

Opening Retained earnings balance = $547 million

Ending retained earnings balance = $594 million

Dividends paid to preferred stockholders = $37 million

Dividends paid to common stockholders = $77 million

Net Income:

= Change in Retained earnings + Preferred Stock Dividend + Common Stock Dividend

= ($594 million - $547 million) + $37 million + $77 million

= $47 million + $37 million + $77 million

= $161 million

8 0

3 years ago