Business, 19.09.2019 03:00 Coscutt

On a common-size balance sheet all accounts for the current year are expressed as a percentage of:
multiple choice
a. sales for the period.
b. the base year sales.
c. total equity for the base year.
d. total assets for the current year.
e. total assets for the base year.

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Answer from: aaa813

d. Total assets of the current year.

Explanation:

All accounts of the current year regardless of their nature, what I mean with this is that any account could add or subtract, all that kind of operations at the end give you the total result of the current year, and every account of the respective year could be expressed as a percentage of the total assets of the respective year, for example:

Total assets year A $1000 Total assets year A 100%

cash year A $200 cash year A 20%

equipment year A $600 equipment year A 60%

buildings year A $200 buildings year A 20%

Every account correspond to the same year of the calculation.

Answer from: Quest

the answer is b for dog

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

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On a common-size balance sheet all accounts for the current year are expressed as a percentage of:...

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