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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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If a country's economy is to sustain long-run economic growth, the business environment must be conducive to the consistent prod
Aliun [14]

Answer:

True

Explanation:

One of the significant advantages of development is its commitment to monetary development. Basically, advancement can prompt higher profitability. As profitability rises more commodities and are delivered which improves the economic growth. Financial development just originates from expanding quality and amount of the fundamentals of generation, which comprise of four wide types: land, labour, capital, and entrepreneurship. The components of generation are the assets utilised in producing goods and services.

5 0
3 years ago
If one worker produces 15 cones of ice cream in an hour, two workers produce 25 ice cream cones, and three workers produce 30 ic
Setler [38]

Answer:

The marginal return of production of the second worker or marginal product of the second worker is 10 cones.

Explanation:

One worker can make 15 cones of ice cream in an hour.

Two workers can make 25 cones in the same time.

While three workers can make 30 cones in an hour.

The marginal return of the production of the second worker is the contribution of the second worker in the total output.

Marginal return

= 25 cones - 15 cones

= 10 cones

5 0
3 years ago
If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs
Ahat [919]

Answer: $228,900

Explanation:

Manufacturing overheads =  Factory depreciation + Factory utilities + Indirect labor + Factory rent + Factory property taxes + Indirect materials

= 65,600 + 30,900 + 22,600 + 47,800 + 28,700 + 33,300

= $228,900

6 0
3 years ago
In the weekly computer run to prepare payroll checks, a check was printed for an employee who had been terminated the previous w
Gre4nikov [31]
<h2>A control total for hours worked, prepared from time cards collected by the timekeeping department.</h2>

Explanation:

An employee should get salary only based on the number days / number hours worked for the organization. So the time card will help the organization to solve the problem.

So the time card should be collected and then only the salary needs to be calculated. The salary calculation should take number of leaves (paid / unpaid), permissions and On-duty in to account so that the expected outcome can be achieved.

8 0
3 years ago
​India's Current Account. Use the following balance of payments data for India from the​ IMF: LOADING.... What is​ India's balan
s344n2d4d5 [400]

Answer:

  • 2004 ⇒ $2,640 million
  • 2009 ⇒ $12,540 million
  • 2014  ⇒  $18,655 million

Explanation:

2004 balance on services

= Services Credit, (exports) - Services Debit, (imports)

= 38,281 - 35,641

= $2,640 million

2009

= 92,889 - 80,349

= $12,540 million

2014

= 156,252 - 137,597

= $18,655 million

3 0
3 years ago
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