In vertical analysis of an income statement, each item is expressed as a percentage of:
A. Total expenses.
B. Sales.
C. Net income.
D. None of these answers is correct.
Answer: B
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Accounting principles make accrual accounting earnings closer to the firm's underlying economic performance in a given period than are _________________________
Fill in the blank(s) with correct word
Which of the following is one of the two conditions that had to be satisfied for the Kyoto Protocol to come into force?
A. It had to be ratified by all the non–Annex I countries. B. It had to be ratified by 55 percent of all member countries. C. It had to be ratified by Annex I parties accounting for 30 percent of that group's carbon dioxide emissions in 1990. D. It had to be ratified by 40 percent of all the non–Annex I countries.
Which of the following is not a true statement about using social media to build business relationships?
A) Social media allows companies to build meaningful relationships with customers. B) Capitalizing on these technologies means listening to customers. C) Effective companies may use technology to explain a business practice or clarify a service they provide. D) Social media allow companies to build meaningful relationships with employees online. E) Effective companies may use technology to identify difficult customers to shame into better behavior.
When writing a persuasive letter, open with a(n) ____.
A. engaging question B. problem statement C. unexpected declaration D. any of the above