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Wewaii [24]
3 years ago
9

Performing a Vertical and Horizontal Analysis Complete a vertical analysis of the following income statement from Gomez Corporat

ion.
• Do not use a negative sign in your answers.
• Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%). Income Statement Revenues 2019 % of Sales 100 %
Vertical Analysis 2020 2020 2019 % of Sales $117,500 $129,250 100 % 80,000 90,000 0 % 37,500 39,250 0 % 26,620 30,250 0 % $ 10,880 $ 9,000 0 % 0 % Cost of goods sold Gross margin Operating expenses Net income 0 % 0 % 0 %
Complete a horizontal analysis of the following income statement from Gomez Corporation.
• Use a negative sign to indicate a decrease.
• Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%).
Income Statement Revenues Percentage Change 0 %
Horizontal Analysis Dollar 2020 2019 Change $117,500 $129,250 $ (11,750) 80,000 90,000 $ 0 37,500 39,250 $ 0 26,620 30,250 $ 0 $ 10,880 $ 9,000 $ Cost of goods sold Gross margin Operating expenses 0 % 0 % 0 % O O Net income 0 %
Business
1 answer:
Gennadij [26K]3 years ago
7 0
The answer is 67% to you please don’t tell him to answer yea ma’am i no
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In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal c
Pachacha [2.7K]

Answer:

False

Explanation:

In a competitive market, if production (and consumption) continues until the marginal benefit of one more unit equals marginal cost, then total surplus is maximized.

As for any extra unit produced

Marginal Benefit > Marginal cost = Surplus

Marginal Benefit = Marginal cost = No Surplus / No loss

Marginal Benefit > Marginal cost = loss

When your Marginal benefit is maximum and Marginal cost is minimum then the surplus will be maximized.

Most efficient situation in which benefit is maximum and the cost is minimum results in maximized surplus.

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3 years ago
Fredrick Paulson Tie Co. manufactures neckties and scarves. Two overhead application bases are used; some overhead is applied on
Rus_ich [418]

Answer:

Unitary cost= $12.30

Explanation:

Giving the following information:

Overhead rate:

Rate 1= 150% of material costs

Rate 2= $7.25 per direct labor hour.

Production:

540 neckties

raw materials= $2,110

Direct labor hours= 69 direct labor hours at a total cost of $865.

First, we need to calculate the total cost:

Total cost= 2,110 + 865 + (1.5*2,110 + 7.25*69)

Total cost= $6,640.25

Unitary cost= 6,640.25/540= $12.30

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3 years ago
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Answer:

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3 years ago
With brick-and-mortar toy stores closing, board game manufacturers expect to have trouble finding as many consumers interested i
Oxana [17]

Answer:

This is how the market for board games would be affected in the explanation below

Explanation:

Because the manufacturers of the board game expect that the demand for their games would experience a decline, they would have to adjust their Production according to the decline. This is going to shift supply curve to the left, because of the decline in the production. Then equilibrium price would then increase as the quantity decreases because of the shift of the supply curve to the left.

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3 years ago
thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as
oksian1 [2.3K]

Answer:

E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.

Explanation:

Options are <em>"A. cultural, lifestyle, and demographic changes, B. the birth of new industries, new knowledge, and disruptive technologies, C. weather, climate change, and water shortages, D. interest rates, exchange rates, unemployment rates, inflation rates, and economic growth, E. how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently." </em>

Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as <u><em>how often sellers alter their prices, how sensitive buyers are to price differences among sellers, whether the item being purchased is a good or a service, and whether buyers buy frequently or infrequently.</em></u>

The strategy decision making about the industry and competitive conditions involve evaluating the prices, buyer sensitivity to the prices, serviceability & frequency.

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3 years ago
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