Which of the following is the most useful in analyzing companies of different sizes?
a. comparative statements
b. common-sized financial statements
c. price-level accounting
d. audit report
b
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Which should be the correct formula in cell B7?
a) =((B2-B5)*(C2-C5)+(B3-B5)*(C3-C5)+(B4-B5)*(C4-C5))/(B6*C6*3)
b) =((B2-B6)*(C2-C6)+(B3-B6)*(C3-C6)+(B4-B6)*(C4-C6))/(B5*C5*3)
c) =(B2-B5)*(C2-C5)+(B3-B5)*(C3-C5)+(B4-B5)*(C4-C5)/B6*C6*3
d) =((B2-C2)*(B5-C5)+(B3-C3)*(B5-C5)+(B4-C4)*(B5-C5))/(B6*C6*3)
e) =((B2+B5)*(C2+C5)-(B3+B5)*(C3+C5)-(B4+B5)*(C4+C5))/(B6*C6*3)
Liquidity is the ability to earn a satisfactory net income
Indicate whether the statement is true or false
Which of the following budgets provides the starting point for the preparation of the direct labor cost budget?
A) Direct materials purchases budget B) Cash budget C) Production budget D) Sales budget
List, in correct order, the steps in segmenting a market.
What will be an ideal response?