When combining common-size and common-base year analysis, the effect of overall growth in assets can be eliminated by first forming the <u>common size statements.</u>
<h3>What is a common size statement?</h3>
An income statement with each line item expressed as a percentage of revenue or sales is referred to as a common size income statement. The usual size percentages assist in demonstrating the impact of each line item or component on the company's financial status.
Items are shown as a percentage of a common base amount, such as total sales revenue, in a financial statement of common size. This kind of financial statement makes it simple to compare one company to another or different time periods within the same company. You need to make some sort of size adjustment in order to compare those two businesses. Common-size financial statements are used for this.
Therefore, common size statement can eliminate the effect of overall growth in assets.
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Answer:
Classification processes are, in many respects, similar in concept to what Maconochie had implemented when commensurate good behavior would lead to a reclassification of their likelihood for release.
<h2>Thomas Jefferson
was a defender of freedom of conscience and mentioned the
Declaration of Independence, Natural Rights to justify and opposed Alien and Sedition Acts declaring independence from England. </h2>
Explanation:
Jefferson mentioned the Declaration of Independence. Sedition Act means anyone convicted for publishing false statements against any part of the government will be punished.
Jefferson firmly believed that every American should get the right to prevent the government from damaging the liberties of its citizens.
Perfection of liberty of Americans and freedom of speech, religion, assembly, conscience, petition and press was focused.
He felt a strong federal government could keep the country more economically and militarily secured. Similarly he was also scared that a powerful central government might hinder the rights of citizen.
The use of bronze in European societes is defined as European Bronze Age. It is mostly characterized by the usage of bronze material in terms of artefacts and implements. Bronze Age succeeded Neolithic and lasted around 600 Century BC.
Bronze was important for the development of emerging societes, but it is important to clarify that different cultural trajectories were followed by various societies. Some objects like the flint daggers indicate that there was an emulation of new ideas and creativity. New techniques in the metalworking increased in sophistication. Also, music instruments of great precision and beauty were present during that time.
After the Bronze Age came Iron Age, which revolutionized the development of materials and weapons which was embedded in the cultural development, as well.
