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3 years ago

Common-size statements: Multiple Choice

Business

1 answer:

77julia77 [94]3 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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Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's woul

Anvisha [2.4K]

Answer:

The answer is: E) None of these.

Explanation:

A foreign national is a person who wasn´t born in the country in which he or she temporarily lives in.

We don´t have enough information to know if Carrie´s Car Care is a wealthy company. Maybe its total sales are just $10,000 a year but they export $2,500.

A multinational corporation usually has branches or subsidiaries. All we know about Carrie´s Car Care is that it makes some money outside the US, but we don´t know how. Maybe they simply export 25% of their products or maybe they are a huge multinational corporation. Not enough information.

The term globalization corporation doesn´t exist. The term corporate globalization refers to very large multinationals that reach all or most of the world´s markets.

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3 years ago

Michael's Yoga Studio have been entering bills for their purchases as they come in. They pay multiple bills once a week. They us

Tasya [4]

Answer: They could either use the Income and expenditure or purchases journal too.

Explanation: Because its a Yoga Studio, lots of expenses will be made and appropriate postings are to be entered on time.

4 0

3 years ago

Read 2 more answers

In business, which of the following tones should be part of every written communications? a. Funny b.Vague c.Sarcastic d.polite

dlinn [17]

Answer:

Polite

Explanation:

8 0

3 years ago

A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. I

Scrat [10]

Answer:

A1 = $12 A2 = $9.20 A3 = $1.50
Total Overhead for Standart Product $267.16
Total Overhead for Deluxe Product $163.48

Explanation:

First we will Calculate the rates:

This is done by adding the two product activity use to get the total cost driver.

Then we divide by the activity cost to get the rate:

$\left[\begin{array}{cccc}activity&cost&driver&rate\\1&93,000&7,750&12\\2&92,000&10,000&9,2\\3&8,700&5,800&1,5\\\end{array}\right]$

Next we check the overhead per unit:

units/ activity use x rate = overhead for activity

<em>Standart Product Manufacturing Overhead</em>

36,375units /2,500 Use Activity 1 x $12 = $174.60

36,375units /4,500 Use Activity 2 x $9.20 = $74.37

36,375units /3,000 Use Activity 3 x $1.50= $18.19

Total Overhead for Standart Product $267.16

<em>Deluxe Product Manufacturing Overhead</em>

62,240units /5,250 Use Activity 1 x $12 = $83,14

62,240units /5,500 Use Activity 2 x $9.20 = $60,85

62,240units /2,800 Use Activity 3 x $1.50= $19,49

Total Overhead for Deluxe Product $163.48

7 0

3 years ago

A target audience is the group of customers that is singled out to be reached by an advertising campaign or other promotion. T/F

Ivanshal [37]

Answer: True

Explanation: A target audience can be defined as the portion of the total audience on which an advertising campaign is focused. These are the target recipient of the marketing message that the offering entity is intending to send.

This is the modern approach to marketing in which the company after developing its product tries to identify the specific users of it, the users can be identified on the basis of age , gender or any other characteristic.

Hence, from the above we can conclude that answer is true.

8 0

3 years ago