What is a common size income statement? Explain how a common size income statement is useful to financial statement users.
What will be an ideal response?
Common size statements express items on financial statements as percentages. For example, on the income statement, cost of goods sold, gross margin, operating expenses, and net income are calculated as a percentage of net sales. Percentages help the user of financial statements to compare statements over time and to compare one company with another company.
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When giving a speech, charismatic leaders are more likely to use
a. “I” statements b. “you” statements c. “they” (i.e., “blame” statements) d. “we” statements
If a defendant fails to appear in court after receiving a summons, the court will order that a default judgment be entered against that defendant
a. True b. False Indicate whether the statement is true or false
The ________ is an opening statement used in networking that quickly summarizes one's history and career plan and asks a question.
Fill in the blank(s) with the appropriate word(s).
What is the standard deviation of the data below? 57, 68, 46, 39, 85
a. 332.5 b. 1,330 c. 18.2 d. 36.5