How is vertical analysis performed and how is it used in financial statement analysis?
Vertical analysis is performed by restating a company's financial statements into common-size statements. This is accomplished by converting the dollar amounts for a particular account balance into a percentage of another selected account balance on the same financial statement. For example, assets are converted into a percentage of total assets; net income is converted into a percentage of net sales. Common-size financial statements can remove size as a relevant variable in ratio analysis and can be used to compare companies that make similar products and that are different in size. They can also be used to compare the same company across years.
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Shemekia Co. produces seats for movie theaters. Listed below are selected cost items for the seat production. Classify each cost as either fixed or variable, and either a product or a period cost by placing an x in the appropriate boxes.?Cost by behaviorCost by function?VariableFixedProductPeriodFabric for seats????Assembly labor????Factory property taxes????Accounting staff salaries????Sales office rent????Sales manager's salary????Depreciation on factoryequipment????Sales commissions????
What will be an ideal response?
The goal of ________ is to stimulate future sales of products for a company by encouraging existing customers to remain loyal.
Stress is a mental and physical condition that results from a perceived threat of danger (physical or emotional) and the pressure to remove it.
Answer the following statement true (T) or false (F)
___________ refers to the process of managing our feelings so that we present positive emotions even when they are contrary to our actual feelings.
a. Emotional contagion b. Emotional intelligence c. Emotional affect d. Emotional labor