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34kurt
3 years ago
7

The calculations for some profitability ratios are the same as the calculations for common-size analysis of the income statement

. Which of the following profitability ratios would also be determined through a common-size analysis of the income statement?
a. Acid-test ratio
b. Debt-to-equity ratio
c. Earnings per share
d. Gross profit ratio
Business
1 answer:
Lelechka [254]3 years ago
8 0

Answer:

d. Gross profit ratio

Explanation:

In the case of common size income statement analysis, the each and every item display in the income statement should be recognized as the percentage of sales

Also the formula of gross profit is

= Gross profit ÷ Sales

Therefore the option d is correct

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Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment
tester [92]

Answer:

<em>Inaccurate</em>

Explanation:

<em>The information that was given to Alex Timbers who was a wood supplier that furniture manufacturing company requires teak wood, this information was </em><u><em>inaccurate</em></u><em>.</em>

Because we can see in the scenario which is mentioned in the question that the quality specialist of that furniture manufacturer company observes that the logs that was sent by Alex Timbers are very big, as the company itself ordered for teak wood, and we know that teak wood is very big. So, we can say that information provided by the company was inaccurate.

4 0
3 years ago
To maximize economic surplus, keep increasing output as long as
finlep [7]

Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product

Explanation: i no it

7 0
3 years ago
One component of the pension liability under both U.S. GAAP and IFRS is prior service cost (or past service cost under IFRS). AB
Ket [755]

Answer:

Option A is correct which states that".There is no such thing, in IASB standards, as a "contingent asset"

4 0
3 years ago
Indicate the missing amount for each letter.
ExtremeBDS [4]

Answer:

Follows are the solution to this question:

Explanation:

                                                       Case 1

                                      Production cost of goods

Work is under way, start                                                            1510

Material direct                                     9780

Labor Direct                                        5950

Overhead production                        8870

Total cost of production                                           24600  

Total work costs under way                                     26110

Less: Finishing job in phase                                       8140

Generated cost of goods                                          17970

7 0
3 years ago
You own a business which generates $200,000 in profit per year. Someone has offered to buy it from you. Based on a 5 year projec
cluponka [151]

Answer:

The Present worth is $777930.25

Explanation:

FInd the NPV of the cashflows

NPV = 200000/(1+0.09)^1 + 200000/(1+0.09)^2 + 200000/(1+0.09)^3 + 200000/(1+0.09)^4 + 200000/(1+0.09)^5

= $777930.25

Therefore, The Present worth is $777930.25

6 0
3 years ago
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