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Fynjy0 [20]
4 years ago
5

Common-size statements: Multiple Choice

Business
1 answer:
77julia77 [94]4 years ago
7 0

Answer:

Reveal changes in the relative importance of each financial statement item to a base amount.

Explanation:

In the common-size statements, the items would be displayed in the percentage form that is based on the base value rather than the absolute values.  

The preparation of this statement is to do the proper analyses of each item with period to period of the similar company so that proper decisions should be taken. In addition, it would also create its importance with respect to the item mentioned in the financial statement

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as a young entrepreneur, how can you show the responsible ways of purchasing activities on any possible situations you may consi
Helen [10]

Answer:

There are several ways in which a young entrepreneur can carry out purchasing activities responsibly, including:

1. Measured production of inventory or units of products- If an entrepreneur is producing bicycles for instance, (s)he should only spend on inventory that (s)he anticipates will be sold to customers or purchased by retailers. For example, let's assume that the entrepreneur has a purchase order from a retailer such as K-Mart for 500 bicycles. In this case the entrepreneur should only produce around 550 bicycles rather than 700 or 1000 bikes, thus, purchasing supplies and producing inventory in accordance with demand for his/ her bicycles.

2. Lowering costs of production where possible- Firstly, this can be done by purchasing supplies and materials for inventory in bulk. Secondly, the entrepreneur could outsource the manufacturing of his/her product to countries (such as China) where production costs are significantly cheaper.

4 0
3 years ago
The approach known as the _______________ assesses organizational performance according to three factors: economic, social and e
yan [13]
The answer to this question is the "triple bottom line". <span>The approach known as the TRIPLE BOTTOM LINE assesses organizational performance according to three factors: economic, social and environmental performance. This can be also noted as TBL or 3BL and it has three main parts which are social, financial and ecological. Many organizations or companies use this to evaluate this performance.</span>
4 0
3 years ago
Paula considers herself to be a responsible person. She upholds moral and legal laws and conforms to the expectations of others.
kolezko [41]

Answer:

The correct answer is: conventional.

Explanation:

Conventional moral development is the stage in which individuals accept moral laws conceived by society or by entities who rule them. At this stage, even if there is a reason for not following those regulations, individuals opt for keeping a sense of morality in the situation and stand for those rules.

8 0
3 years ago
Coal Miner Co. acquired coal rights for $100,000,000. It is estimated that there are 2,500,000 tons of the resource, and during
Nina [5.8K]

Answer:

C

Explanation:

To estimate the amount of depletion for the current year?

We need to know the rate of depletion which

$100,000,000/2,500,000 = $40/ton

The amount of depletion for the current year will be

$40/ton x 500,000 tons = $20,000,000

6 0
3 years ago
Read 2 more answers
A common excuse for carrying out a morally questionable project is, "If I don’t do it somebody else will." This rationale may be
ladessa [460]

Answer:

It is not a legitimate excuse for engaging in unethical projects

Explanation:

Ensuring scientific integrity and avoiding professional misconduct is a collective role of Scientists and Engineers. Every professional, engineers inclusive, must ensure they stay committed and faithful to the oath of practice they have sworn to. Engineering is an important and learned profession. As members of this profession, engineers are expected to exhibit the highest standards of honesty and integrity.  Engineers must perform under a standard of professional behavior that requires adherence to the highest principles of ethical conduct.

Every engineer must be familiar with the code of ethics of the profession, abide by it, and report erring professionals for punitive measures to be taken rather than giving excuses for carrying out an unethical project.

The concept of responsible conduct emphasizes ethical decision making, professional responsibilities, and strict adherence to professional standards and values. Every engineer and professional must take into cognizance all the responsible conducts required by their professions

8 0
3 years ago
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