For the following financial statement items, calculate trend percentages using Year 1 as the base year: ?Year 5?Year 4?Year 3?Year 2?Year 1Sales$1,195,400?$1,118,000?$1,049,000?$963,200?$860,000Cost of sales752,400?704,000?671,000?616,700?559,000Gross profit$443,000?$414,000?$378,000?$346,500?$301,000
What will be an ideal response?
? | Year 5 | ? | Year 4 | ? | Year 3 | ? | Year 2 | ? | Year 1 |
| Sales | 139.0% | ? | 130.0% | ? | 122.0% | ? | 112.0% | ? | 100% |
| Cost of goods sold | 134.6% | ? | 125.9% | ? | 120.0% | ? | 110.3% | ? | 100% |
| Gross profit | 147.2% | ? | 137.5% | ? | 125.6% | ? | 115.1% | ? | 100% |
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Partners Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. An offer to lend you the $50,000 also comes from Community Bank, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks?
A. 1.56% B. 1.30% C. 1.09% D. 0.91% E. 0.72%
Which of the following transactions would not create a cash flow?
a. Payment of a cash dividend. b. The company purchased some of its own stock from a stockholder. c. Amortization of patent for the period. d. Sale of equipment at book value (i.e. no gain or loss).
Conducting international marketing research is much more complex than domestic marketing research
Indicate whether the statement is true or false
_______________ richness theory attempts to classify media in organizations according to how much clarifying information they are able to convey from a sender to a recipient
Fill in the blank(s) with correct word