In vertical analysis of the income statement, we usually express each income statement item as a percentage of: sales.
<h3>What is income statement?</h3>
Income statement can be defined as the statement that help to show the income and expense of a company in which when the income is higher than the expense it is net income and when the expense is higher than the income it is net loss.
In vertical analysis of the income statement the income statement item is often express as a percentage of sale.
Therefore the correct option is D.
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Answer:
No, Langstraat cannot disaffirm his rejection for the uninsured motorist coverage. Since Langstraat is a minor, he can legally disaffirm a contract, but by doing so, he will disaffirm the entire contract, not just one or two previsions of his choice.
In this specific case, Langstraat can disaffirm the whole insurance policy contract, but he cannot disaffirm only one clause. If he chooses to disaffirm the whole policy, the result will be the same, he will not have coverage.
Answer:
$85,050
Explanation:
The material handling cost of Merone Company is allocated on the basis of direct labor hours.
Expected Total direct labor-hours (710 labor hour per unit * 5,100 units produced + 210 labor hour per unit * 8,100 units produced
= 3,621,000 + 1,701,000
Total Expected direct labor hours = 5,322,000
Material handling cost per labor hour: $266,100 / 5322000 labor hours
= $0.05 per labor hour
$0.05 per labor hour * 1,701,000 labor hours of Prefab Brans
= $85,050
Answer:
A. standard deviation = $500, expected return = $5,000
Explanation:
For analysis which investment involved the least amount of risk we need to determine the coefficient of variation i.e. shown below:
As we know that
Coefficient of variance = standard deviation ÷ expected return
A = $500 ÷ $5,000 = 0.10
B = $700 ÷ $500 = 1.40
C = $900 ÷ $800 = 1.125
D = $400 ÷ 350 = 1.143
As it can be seen that investment A has the leas amount of risk hence, the same is to be considered
Consumption
This is the largest component of aggregate demand. Consumer expenditures account for more than two-thirds of total spending.
I hope this helps! :)
