Which of the following is NOT true of common-size balance sheets? Each asset and liability item on the balance sheet is standardized by dividing it by sales. Balance sheet accounts are represented as percentages of total assets. Common-size balance sheets allow us to make meaningful comparisons between the balance sheets of two firms that are different in size. Each asset and liability item on the balance sheet is standardized by dividing it by total assets.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.