22.The relationship of $325,000 to $125,000, expressed as a ratio, is 2.0 to 1 2.6 to...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
22.The relationship of $325,000 to $125,000, expressed as a ratio, is 2.0 to 1 2.6 to 1 2.5 to 1 0.45 to 1 23. a. b. c. d. Which of the following below generally is the most useful in analyzing companies of different sizes a. comparative statements b. common-sized financial statements c. price-level accounting d. audit report 24.The percent of fixed assets to total assets is an example of a. vertical analysis b. solvency analysis c. profitability analysis d. horizontal analysis 25. What type of analysis is indicated by the following? Current assets Fixed assets a. vertical analysis b. horizontal analysis. c. liquidity analysis d. common-size analysis 2011 $430,000 1,740,000 26.Assume the following sales data for a company: 2015 2014 375,000 300,000 2010 $ 500,000 1,500,000 What is the percentage increase in sales from 2014 to 2015? a. 75% b. 66.7% c. 25% d. 150% Increase (Decrease*) Amount $70,000* 240,000 Percent 14%* 16% 22.The relationship of $325,000 to $125,000, expressed as a ratio, is 2.0 to 1 2.6 to 1 2.5 to 1 0.45 to 1 23. a. b. c. d. Which of the following below generally is the most useful in analyzing companies of different sizes a. comparative statements b. common-sized financial statements c. price-level accounting d. audit report 24.The percent of fixed assets to total assets is an example of a. vertical analysis b. solvency analysis c. profitability analysis d. horizontal analysis 25. What type of analysis is indicated by the following? Current assets Fixed assets a. vertical analysis b. horizontal analysis. c. liquidity analysis d. common-size analysis 2011 $430,000 1,740,000 26.Assume the following sales data for a company: 2015 2014 375,000 300,000 2010 $ 500,000 1,500,000 What is the percentage increase in sales from 2014 to 2015? a. 75% b. 66.7% c. 25% d. 150% Increase (Decrease*) Amount $70,000* 240,000 Percent 14%* 16%
Expert Answer:
Answer rating: 100% (QA)
22 Answer b 26 to 1 Explanation 325000 125000 26 to 1 23 Answer b common sized financial statement E... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
Assume the following sales data for a company: 2012.................... $1,017,000 2011.................... $565,000 What is the percentage increase in sales from 2011 to 2012? a. 100% b. 44.4% c....
-
Assume the following sales data for a company: Current year $737,956 Preceding year 534,227 What is the percentage increase in sales from the preceding year to the current year? a. 27.61% b. 138.14%...
-
Various cost and sales data for Meriwell Company for the just completed year appear in the worksheet below: Finished goods inventory, beginning $20,000 Finished goods inventory, ending $40,000...
-
Research updates on the business environment. Pick a company you are familiar with and do a SWOT analysis for considering entering the Cuban market.
-
The Blue Roof Inn overbooks two rooms a night. Room rates run $100 a night but cost only $30 to maintain Bumped customers are sent to a nearby hotel for $80 a night. What is the cost of overbooking?...
-
Cardinal Paz Corp. carries an account in its general ledger called Investments, which contained debits for investment purchases, and no credits, with the following descriptions. Instructions (Round...
-
Describe the mediation process.
-
Sherwin Williams will receive $18,500 a year for the next 25 years as a result of a picture he has painted. If a discount rate of 12 percent is applied, should he be willing to sell out his future...
-
What are Societal Movements Affecting the Development of Social Work Practice What are Professional Values of Social Work Practice What are Six Core Values of Social Work Practice What are Ethical...
-
What are the major causes of information risk? How can information risk be reduced?
-
What is the value of Clark's JFC stocks? As a new trader, Clark bought a common stock, 50 shares of Jollibee Food Corporation (JFC) at #178 per share. He heard from some investors that being a food...
-
What does it mean to separate what is and isnt said? Why is that good advice for becoming a better informational listener?
-
When making attributions, why do you suppose people are susceptible to the self-serving bias?
-
What makes a touch ritualistic?
-
Identify and define each of the six stages of the HURIER model of effective listening.
-
What are some networking strategies you can begin implementing immediately?
-
Which three values of Schwartz s list are the most important for you? Why? benevolence, universalism, self - direction, achievement, stimulation, hedonism, security, conformity, tradition, and power.
-
If the annual fixed costs are 54,000 dinars, the occupation expense represents 20%, the contribution margin is 25%, and the unit selling price is 40 dinars. Required: Calculate the closing point of...
-
Amy is a calendar-year taxpayer reporting on the cash basis. Please indicate how she should treat the following items for 2012: a. She makes a deductible contribution to an IRA on April 15,...
-
For each of the following cases, indicate the filing status for the taxpayer(s) for 2012 using the following legend: A - Single B - Married, filing a joint return C - Married, filing separate returns...
-
Clarita is a single taxpayer with two dependent children, ages 10 and 12. Clarita pays $3,000 in qualified child care expenses during the year. If her adjusted gross income (all from wages) for the...
-
The following experimental data are available for \(\mathrm{CO}_{2}\) gas at \(92^{\circ} \mathrm{C}\) : PR 1 2 3 4 6 8 10 0.856 0.583 0.535 0.620 0.800 0.975 1.160 Find the fugacity of CO2 at 100...
-
What do you mean by extent of reaction? Derive an expression of the relationship between mole fraction of the component and the extent of reaction.
-
Give an informatory note on equilibrium constant of the chemical reaction.
Study smarter with the SolutionInn App