B. 7.85% is the is its common-size percent for cash (14000÷178300)×100
Line items are shown as a percentage of a single chosen or common figure in a financial statement of common size. A balance sheet will contain different line items depending on the type of firm and the industry. Since all businesses in a given industry deal with the same kinds of transactions, the line items utilised for their balance sheets will typically be comparable.
It is simpler to study a company over time and evaluate it against its competitors when financial statements are created in a common size. One can identify trends that a raw financial statement might not reveal by using financial statements of a common size.
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Answer:
Selling price= $51.48
Explanation:
Giving the following information:
Direct materials $16
Direct labor $5
Variable manufacturing overhead $9
Variable selling and administrative expenses $6
To compute the total cost per unit, we will use the variable costing approach. We will only compute the variable costs.
Total cost per unit= $36
Selling price= $51.48
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To create market stability.
The answer to this question is: <span> accounting for leases and accounting for fair value assets
Leases and fair value assets is often used by companies in order to make their company valuation seem higher than it supposed to be. So, standardized rules regarding the proper way to make the valuation should be written under the Generally accepted accounting principles.</span>