A corporation reported cash of $14,000 and total assets of $178,300 on its balance sheet. Its common-size percent for cash equals:
A. 7850%.
B. 12.73%.
C. 0.0785%.
D. 7.85%.
E. 1273%.
Answer: D
You might also like to view...
When a corporation owns more than 50 percent of the voting stock in another corporation, it usually should report its investment by using (the)
A) equity method. B) cost adjusted to market method. C) book value method. D) consolidated financial statements.
The context of managerial writing includes ______.
A. the fragmented workday B. the extent of collaboration and delegation C. the size and culture of the organization D. all of these
Which of the following would not be considered a conservative method?
a. Accelerated depreciation methods for fixed assets. b. LIFO in periods of declining prices. c. LIFO in periods of rising prices. d. Shorter life estimates for depreciation for fixed assets.
Our organization provides us with the resources we need to complete our team projects and has a generous bonus system if we exceed standards and meet deadlines. Which characteristic of team excellence is our organization displaying?
A. results-driven structure B. internal support and recognition C. external support and recognition D. collaborative climate