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Naddika [18.5K]
3 years ago
5

In constructing a common-size income statement, depreciation will be______. A. omitted since it is a noncash expense. B. express

ed as a percentage of sales. C. added back to convert net income to cash flows. D. expressed as a percentage of total assets. E. expressed as a percentage of gross fixed assets.
Business
1 answer:
Naddika [18.5K]3 years ago
3 0

Answer:

B. expressed as a percentage of sales.

Explanation:

The common size income statement is the income statement where n each line the item on the income statement should be expressed as a percentage of sales

In the given options, the option B is correct as it shows that the depreciation would be expressed in sales percentage

Therefore all other options are wrong

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Porter’s competitive strategies of cost leadership and differentiation focus on ____ markets, while the cost-focus and focused-d
Artyom0805 [142]

Answer:

WIDE

NARROW

Porter’s competitive strategies of cost leadership and differentiation focus on WIDE markets, while the cost-focus and focused-differentiation strategies focus on NARROW markets.

Explanation:

Porter’s competitive strategies of cost leadership and differentiation focus on WIDE markets, while the cost-focus and focused-differentiation strategies focus on NARROW markets.

Differentiation refers to a firm's ability to create a good or service that is distinct from other product. This strategy leads to having or creating brand image, which allows the organization to sell its products or services at a premium

Cost leadership relates to a firm's ability to create economies of scale by producing a large volume of goods or service.

6 0
4 years ago
Mr. and Mrs. Sloan incurred the following expenses during the current year, when they adopted a child: Child's medical expenses
nadezda [96]

Answer: See explanation below for answer. The options are:

A. $13,000

B. $ 5,000

C. $18,000

D. $14,000

Explanation:

A taxpayer can deduct the medical expenses that have been paid for a child at the time of adoption if the child should qualify as the dependent of the taxpayer when the medical expenses were paid.

In addition, should a taxpayer pay an adoption agency for the medical expenses that the adoption agency has already paid, then the taxpayer is treated as though he/she has already paid those expenses.

In the scenario given above, Mr. and Mrs. Sloan can deduct the child's medical expenses of $5,000 that they have paid.

But on the other hand, the legal expenses of $9,000 and agency fee of $4,000 that were incurred in during the adoption process will be treated as nondeductible personal expenses.

However, Mr. and Mrs. Sloan will be able to claim a nonrefundable tax credit amounting up to $13,570 for these qualified adoption expenses.

7 0
4 years ago
Read 2 more answers
In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind
meriva
Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
3 0
3 years ago
The basic logic behind the Rational Rule for Sellers is that a company owner should increase output as long as the extra output
Soloha48 [4]

According to the logic behind the Rational Rule for Sellers, a company owner should increase output when the extra output D. adds more to revenue than it adds to costs.

According to the Rational Rule for Sellers, a seller should only choose the output level where the marginal cost is equal to the marginal revenue.

It should be noted that the owner of a company should increase output when the extra output adds more to revenue than it adds to costs. This is vital in order to increase the revenue and profit of the firm.

Read related link on:

brainly.com/question/25670500

5 0
3 years ago
This is a promotion for a brand of ketchup. Investigate the positioning strategy that best explains the cognitive values. Select
RSB [31]

Answer:

a. The positioning of the bite mark enhances the message 'No sin'.

Explanation:

Based on the popular story of Adam and Eve in the garden of Eden, where the two was said to have sinned against God, by eating or biting from the forbbiden fruit.

Thus, in this case, with the promotion for a brand of ketchup showing a part of the fruit that was bitten, is trying to link the popular Adam and Eve story to the picture, such that people or audience can easily remember the promotion and that biting or eating from the ketchup is not a sin.

Hence, positioning strategy that best explains the cognitive values is that, the positioning of the bite mark enhances the message 'No sin'.

8 0
3 years ago
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