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Ahat [919]
2 years ago
7

In a common size income statement, the 100% figure is.

Business
1 answer:
mina [271]2 years ago
3 0
In a common size income statement the 100% figure is Net Sales
You might be interested in
Both Bond Sam and Bond Dave have 8 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years
Natali5045456 [20]

Answer: -12.1%

Explanation:

Bond Sam was priced at Par which means it could have been priced at $1,000 and its yield was the same as the coupon rate of 8%.

If interest rates rise by 5%, the yield becomes:

= 8% + 5%

= 13%

Price of bond is attached:

Yield = 13% /2 = 6.5% per semiannual period

Coupon = 8% * 1,000 * 0.5 = $40 per semi annual period

Period till maturity = 3 * 2 = 6 semiannual periods

Price = $878.97

Percentage change in price:

= (878.97 - 1,000) / 1,000 * 100%

= -12.1%

4 0
3 years ago
You expect an investment to return $11,300, $14,600, $21,900, and $38,400 annually over the next four years, respectively. What
antiseptic1488 [7]

Answer:

$55,153.57

Explanation:

To determine the worth of the investment today, calculate the present value of the cash flows.

Present value is the sum of discounted cash flows.

Present value can be calculated using a financial calculator.

Cash flow in year one = $11,300

Cash flow in year two = $14,600

Cash flow in year three = $21,900

Cash flow in year four = $38,400

I = 16.5%

Present value = $55,153.57

To find the PV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

4 0
3 years ago
Which sentence is​ best? A. Before we​ decide, we need to spend time to meet with our​ accountant, consulting with our​ lawyer,
quester [9]

Answer:

D. Before we​ decide, we need to spend time meeting with our​ accountant, consulting with our​ lawyer, and conferring with our bank.

8 0
3 years ago
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has
swat32

Answer:

debit to treasury stock for $90,000

Explanation:

Vermont corporation

Purchased × Shares of treasury stock per share

Purchased 3,750

Shares of treasury stock for $24 per share

Hence:

Purchased 3,750 × shares of treasury stock for $24 per share

=$90,000

Therefore journal entry to record the purchase of the treasury shares on february 1 would include a debit to treasury stock for $90,000

4 0
3 years ago
The burden of a tax will fall primarily on sellers when the:a. demand for the product is highly inelastic and the supply is rela
Fofino [41]

Answer: The burden of a tax will fall primarily on sellers when the B. demand for the product is highly elastic and the supply is relatively inelastic.

Explanation: A tax burden is a the effect the tax has on how welfare is distributed in an economy. The tax burden happens when the price elasticity of demand and the price of elasticity of supply are not where they have been projected to be.

4 0
3 years ago
Read 2 more answers
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