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Anon25 [30]
3 years ago
5

Which of the following statements regarding financial statement analysis is incorrect? A. The profit margin can be viewed as a m

easure of expense control. B. The two most popular measures of company size are net sales revenue and total assets. C. A profitability ratio provides a comparison of an income measure and a size measure. D. In DuPont analysis we break return on assets down into two other ratios that can be compared to their own industry average benchmarks. E. The current ratio measures a company’s effectiveness in using fixed assets to support sales.
Business
1 answer:
irina1246 [14]3 years ago
3 0

Answer: The current ratio measures a company’s effectiveness in using fixed assets to support sales.

Explanation:

The statement regarding a financial statement analysis that is incorrect is option E "the current ratio measures a company’s effectiveness in using fixed assets to support sales".

The current ratio is used by a company to know if there are enough resources that are available in order to meet the short term obligations of the company.

This is done through the comparison of the current assets of the company to the current liabilities of the company.

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Organizational change can best be defined as​ ________.
Paul [167]
Organizational change can best be defined as​ <span>any alteration of​ people, structure, or technology</span>.

When an organization makes a change it is known as organizational change. When changing an organization you are making a change to the way the company runs. Changing any type of structure, technology or moving around how people work can make a change to the organization. 
6 0
3 years ago
Crane Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar
Novay_Z [31]

Answer:

The company should replace the equipment.

Explanation:

The cost analysis is calculated as follows;

                         Retain                Replace                 Net Income

                                     Equipment        Equipment         Increase (Decrease)

Operating expenses     $146,400                0                      $146,400

($24,400*6)  

Repair costs            $39,000                 0                    $39,000

Rental revenue                      0                 -$60000              $60,000

($10,000*6)  

New machine cost              0                $166,500            -$166,500

Sale of old machine   0               -$24,500              $24,500

Total cost                  $185,400   $82,000               $103,400

From the calculation above, the equipment should be replaced as it incur a lesser cost compare to when it is retained.

8 0
3 years ago
In insurance policies, the insured is not legally bound to any particular action in the insurance contract, but the insurer is l
Margarita [4]

Answer: Unilateral contract.

Explanation:

A unilateral contract is a contract in which promise to fulfill a requirement is made only in one direction, when only the offeror makes a promise and the offeree is on the receiving end of the promise. In insurance the insurer is the only one who makes a promise while the insured is the one receiving the offer(and can break from the agreement at any time).The insurer is the offeror while the insured is the offeree.

3 0
3 years ago
A 60-year-old man develops lung cancer, and sues the manufacturer of an asbestos-containing material. The man worked in construc
Artyom0805 [142]

Answer:

Weak because of proximate cause is difficult to prove in absence of other similarly affected individuals

Explanation:

Since in the question it is mentioned that the 60 year old man have a lung cancer so he sues the asbestos manufacturer also he trust that it is unsafe as her friend who use the alternative material has not have a lung cancer so here the case would be weak as of proximate cause as it is difficult for proving it

Therefore the same is to be considered

8 0
3 years ago
Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff".
AleksandrR [38]

Answer:

let him put it where he won't see them until It is enough for buying his wants

4 0
3 years ago
Read 2 more answers
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