An analysis in which all the components of an income statement are expressed as a percentage of net sales is called:
A) vertical analysis.
B) horizontal analysis.
C) liquidity analysis.
D) common-size analysis.
A
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On September 1 . 2012 . Star Corp issued a note payable to Federal Bank in the amount of $450,000 . The note had an interest rate of 1 . percent and called for three equal annual principal payments of $150,000 . The first payment for interest and principal was made on September 1 . 2013 . At December 31 . 2013 . Star should record accrued interest payable of
a. $11,000. b. $12,000. c. $16,500. d. $18,000.
In which of the following circumstances is picketing unlawful?
A) when picketing obstructs customers from entering the employer's place of business B) when picketing is carried out against the struck employer's product C) when picketing is carried out against the neutral employer D) when the employer carries out a "lockout" against the picketers at work premises
The Lagrange multiplier is ________ the dual variables in a linear programming problem
A) analogous to B) contradictory to C) inversely related to D) the opposite of
Wal-MartWal-Mart, the world's largest retailer by revenue, announced that it will get back to its founder's roots by initiating more price cuts. Critics claimed that the giant was getting away from its original focus because it posted relatively high gross profit margins. CEO Mike Duke assuaged critics by saying Wal-Mart's $400 billion in sales will become even larger because the price cuts will attract more customers and it will lower its costs of goods sold.Refer to Wal-Mart. Which type of pricing strategy describes Wal-Mart's commitment to offer consistently lower prices?
A. high-low pricing B. everyday low pricing (EDLP) C. promotional pricing D. prestige pricing E. marginal pricing