What is the purpose of using common size balance sheets and common size income statements?
What will be an ideal response?
Answer: The purpose is to allow a company to compare its performance with its own prior performance or with the performance of other firms. It is not helpful to just compare numbers, but with common size statements firms can compare percentages, so that they can answer questions about how their own performance changed, and how their performance compares to that of other firms.
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Howard Stringer, a native of the United Kingdom, is Chairman of:
A) Nissan Motor (Japan). B) Pearson PLC (Great Britain). C) Ford Motor Company (USA). D) Sony (Japan). E) Atlas Copco AB (Sweden).
Analyzing the strengths and weaknesses of the competitors and their current and likely future strategies is called:
A) competitor analysis. B) market structure analysis. C) demographic analysis. D) regression analysis.
In-group members ______.
A. get more information from leaders B. are focused on themselves rather than the team C. have low-quality leader-member exchanges D. do their jobs and nothing more
A reduction of lot sizes increases the amount of fluctuation that can accumulate between any pair of stages of a supply chain, thus increasing the bullwhip effect
Indicate whether the statement is true or false.