The calculations for some profitability ratios are the same as the calculations for common-size analysis of the income statement. Which of the following profitability ratios would also be determined through a common-size analysis of the income statement?
a. gross profit ratio
b. debt-to-equity ratio
c. acid-test ratio
d. earnings per share
a
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The business reporting process comprises accumulating, classifying, and recording data, fueling the financial reporting, business reporting, and other reporting subsystems
Indicate whether the statement is true or false
If a company sells merchandise with credit terms 2/10 n/60, the credit period is 10 days and the discount period is 60 days.
Answer the following statement true (T) or false (F)
Hometown Grocery, Inc. has 41,000 shares of common stock outstanding and 5000 shares of preferred stock outstanding. The common stock is $6.00 par value; the preferred stock is 4% noncumulative with a $100.00 par value. On October 15, 2018, the company declares a total dividend payment of $55,000. What is the amount of dividend that will be paid for each share of common stock? (Round your answer to the nearest cent.)
A) $0.85 B) $24.60 C) $2460.00 D) $0.75
The skills approach takes a ______ on leadership, like the trait approach.
A. leader-follower centered perspective B. organizational-centered perspective C. situational-centered perspective D. leader-centered perspective