?Which of the following is true about a common size balance sheet?
A. ?The assets, liabilities, and equities are reported at its market value.
B. ?The assets, liabilities, and equities are reported as a percentage of common stock.
C. ?The assets, liabilities, and equities are reported as a percentage of total assets.
D. ?The assets, liabilities, and equities are arranged in the alphabetical order.
E. ?The assets, liabilities, and equities are reported as a percentage of the assets, liabilities, and equities of a competing firm.
Answer: C
You might also like to view...
Which of the following events occurs last?
A. A hydrogen ion concentration gradient is finally established. B. NADH transfer electrons to the electron-transport chain. C. The movement of hydrogen ions through special channels is coupled to ATP production. D. Hydrogen ions diffuse into the inner mitochondrial compartment. E. Hydrogen ions are moved from inner to outer mitochondrial compartment.
Under IFRS, liabilities and shareholders' equity on the balance sheet usually appear in which order?
A) ?Equity, noncurrent liabilities, and current liabilities B) ?Current liabilities, noncurrent liabilities, and equity C) ?Equity, current liabilities, and noncurrent liabilities D) ?Noncurrent liabilities, current liabilities, and equity
In which famous case did Jurist Oliver Wendell Homes declare Virginia's compulsory-sterilization law constitutional and infamously write, "Three generations of imbeciles are enough"??
A) ?Buck v. Well B) ?Buck v. Dell C) ?Buck v. Bell D) ?Bach v. Dell
In quality control terminology, a group of items is a
a. sample. b. bundle. c. lot d. stock.