A common–size financial statement is a statement:
a. in which all accounts have been standardized by the overall size of the company.
b. which is prepared while performing horizontal analysis of a company.
c. which is prepared while performing ratio analysis of a company.
d. in which all accounts are reported along with the changes from their prior–year balance.
a
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Your communication goals should include ________ if you're sending bad news about transactions
A) modifying the customer's expectations B) changing your plan for resolving the situation C) ignoring any damage to the business relationship D) pinpointing what the customer did wrong E) refusing to acknowledge the customers concerns
The higher the transaction costs related to NGOs demands, the more likely a ________ response will be employed by a business.
A) capitulation B) resistance C) competitive D) pre-emption E) cooperative
How does "usage of trade" affect the rights and obligations of buyers and sellers in contracts for the sale of goods transactions?
What will be an ideal response?
Silken Corp reported net income of $420,000 for 2014 . Changes occurred in several balance sheet accounts as follows: Equipment ................................. $35,000 increase Accumulated depreciation .................. 56,000 increase Note payable .............................. 42,000 increase Additional information: · During 2014, Silken sold equipment costing $35,000, with accumulated
depreciation of $16,800, for a gain of $7,000. · In December 2014, Silken purchased equipment costing $70,000 with $28,000 cash and a 12% note payable of $42,000. · Depreciation expense for the year was $72,800. In Silken's 2014 statement of cash flows, net cash used in investing activities should be a. $30,800. b. $16,800. c. $2,800. d. $49,000.