ACC 291 Week 4 Individual Assignment WileyPlus Practice Ch 13 And Ch 14
Click Following Link To Purchasehttp://www.uopcoursetutorials.com/ACC-291/ACC-291-Week-4-Individual-Assignment-WileyPlus-Practice-Ch-13-and-Ch-14ACC 291 Week 4 Individual Assignment WileyPlus Practice Ch 13 and Ch 14Question 1Comparisons of data within a company are an example of the following comparative basis:Industry averages.Intracompany.Intercompany.Both intracompany and intercompany.Question 2In horizontal analysis, each item is expressed as a percentage of the:base year amount.net income amount.stockholders’ equity amount.total assets amount.Question 3In vertical analysis, the base amount for depreciation expense is generally:fixed assets.net sales.depreciation expense in a previous year.gross profit.Question 4
The data in the schedule is a display of vertical analysis because the individual asset items are expressed as a percentage of total assets.The following schedule is a display of what type of analysisAmount Percent
Current assets $200,000 25%
Property, plant, and equipment 600,000 75%
Total assets $800,000 100%ratio analysishorizontal analysisdifferential analysisvertical analysisQuestion 5Sammy Corporation reported net sales of $300,000, $330,000, and $360,000 in the years, 2009, 2010, and 2011, respectively. If 2009 is the base year, what is the trend percentage for 2011
77%108%120%130%Question 6Which of the following measures is an evaluation of a firm’s ability to pay current liabilities
Acid-test ratioCurrent ratioBoth acid-test ratio and current ratioNone of the aboveQuestion 7A measure useful in evaluating the efficiency in managing inventories is:a. inventory turnover.b. average days to sell inventory.c. Both (a) and (b).d. None of the above.Question 8Financial…

ACC 291 Week 4 Individual Assignment WileyPlus Practice Ch 13 And Ch 14