subject
Business, 17.12.2019 03:31 GavinWright254

Determination of income effects from common-size and trend percents lo p1, p2 common-size and trend percents for rustynail company's sales, cost of goods sold, and expenses follow trend percents common-size percents 2015 2014 2013 2015 2014 2013 100.0% 100.0% 100.0% 100.0% 104.8% 103.6% sales cost of goods sold total expenses 63.5 61.3 58.0 114.7 109.5 100.0 14.4 13.9 14.2 106.4 101.4 100.0 determine the net income for the following years. (enter all amounts as positive values. round your answers to nearest whole dollar.) 2015 2014 2013 sales cost of goods sold total expenses net income 100,000 58,000 4,200 $ 27,800 did the net income increase, decrease, or remain unchanged in this three-year period? net income decreased net income increased remained unchanged

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:00
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
question
Business, 22.06.2019 10:20
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
question
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
question
Business, 22.06.2019 20:40
If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.
Answers: 1
You know the right answer?
Determination of income effects from common-size and trend percents lo p1, p2 common-size and trend...
Questions
Questions on the website: 13722361