Question

In: Accounting

To create a common size balance sheet ____________ all items on the balance sheet by ____________....

To create a common size balance sheet ____________ all items on the balance sheet by ____________.

1.

multiply; owners equity

2.

multiply; total assets

3.

divide; owners equity

4.

divide; total assets

5.

multiply; debt

Solutions

Expert Solution

answer : 4) divide; total assets

explanation

To create a common size balance sheet divide all items on balance sheet by total assets

for creating common size balance sheet , each item is divided by total assets .it displays the percentage of each item relating to the total assets


Related Solutions

A common size balance sheet expresses the balance sheet items as a percentage of total assets....
A common size balance sheet expresses the balance sheet items as a percentage of total assets. Select one: True False
to create a common size income statement ---- all items on the income statement by -----...
to create a common size income statement ---- all items on the income statement by ----- a) divide; net income b) multiply; total revenue c) multiply; net income d) divide; total revenue
Create a common-size balance sheet for Tesla and use the difference (2017-2016) to comment on the...
Create a common-size balance sheet for Tesla and use the difference (2017-2016) to comment on the following items Items Your comments 1. Cash and Cash equivalents 2. Property and equiment, net 3. Total current liabilites 4. Long-term debt 5. Total stockholders' equity Tesla Inc (NMS: TSLA) Exchange rate used is that of the Year End reported date As Reported Annual Balance Sheet Report Date 12/31/2017 12/31/2016 12/31/2017 12/31/2016 Difference (2017-2016) Currency USD USD Audit Status Not Qualified Not Qualified Consolidated...
Perform a horizontal, common-size analysis of the balance sheet items, using 2017 as the base year...
Perform a horizontal, common-size analysis of the balance sheet items, using 2017 as the base year (meaning each line item for 2017 is 100%). Also include a horizontal analysis of sales and net income. Balance Sheet April 30 (in thousands of dollars) 2019 2018 2017 Assets:    Current assets $ 1,700 $1,120 $1,544    Plant and equipment (net) 8,110 7,830 5,404    Other assets   1,004    695    772    Total assets $10,814 $9,645 $7,720 Liabilities and Stockholders' Equity:    Current liabilities $   950 $  880 $  772    Long-term liabilities...
Prepare the common-size balance sheet and common-base-year balance sheet for the company. Use 2013 as the...
Prepare the common-size balance sheet and common-base-year balance sheet for the company. Use 2013 as the base year. (Do not round intermediate calculations. Enter all common-size answers as a percent. Round your common-size answers to 2 decimal places (e.g., 32.16) and common-base-year answers to 4 decimal places (e.g., 32.1616).) JARROW CORPORATION 2013 Common-size 2014 Common-size Common-base year Assets   Current assets     Cash $8,964 % $10,904 %     Accounts receivable 22,353 % 24,837 %     Inventory 38,722 % 43,697 %         Total $70,039 % $79,438...
Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target’s common-size balance sheets...
Common-Size Balance Sheets Following is the balance sheet for Target Corporation. Prepare Target’s common-size balance sheets as of January 31, 2015 and February 1, 2014. (Round your answers to one decimal place.) ($ millions) January 31, 2015 February 1, 2014 Assets Cash and cash equivalents $2,210 $670 Inventory 8,790 8,278 Other current assets 3,087 2,625 Total current assets 14,087 11,573 Property and equipment, net 25,958 26,412 Other noncurrent assets 1,359 6,568 Total assets $41,404 $44,553 Liabilities and shareholders’ investment Accounts...
All items in common-size income statement are scaled by except for per unit items. All items...
All items in common-size income statement are scaled by except for per unit items. All items in common-size balance sheet are scaled by except for per unit items. sales; total assets sales; total equity cost of good sold; total assets cost of goods sold; total equity
Below is the balance sheet information on two companies. Prepare a common-size balance sheet for each...
Below is the balance sheet information on two companies. Prepare a common-size balance sheet for each company. Review each company's percentage of total assets. Are these companies operating with similar philosophies or in similar industries? What appears to be the major difference in financing for these two companies? Account Balance Sheet Company 1 Balance. Sheet Company 2 Current Assets Cash $5,377 $299 Investments $4,146 $354 Accts. Rec. $8,100 $221 Inventory $5,372 $494 Total Current $22,995 $1,368 Long Inv. $84 $307...
​(Analyzing common-size financial​ statements) Use the​ common-size financial statements found​ here: Common-Size Balance Sheet 2016 Cash...
​(Analyzing common-size financial​ statements) Use the​ common-size financial statements found​ here: Common-Size Balance Sheet 2016 Cash and marketable securities $ 500 1.5 % Accounts receivable 6,000 18.2 Inventory 9,450 28.7 Total current assets $ 15,950 48.4 % Net property, plant, and equipment 16,980 51.6 Total assets $ 32,930 100.0 % Accounts payable $ 7,240 22.0 % Short-term notes 6,750 20.5 Total current liabilities $ 13,990 42.5 % Long-term liabilities 6,990 21.2 Total liabilities $ 20,980 63.7 % Total common shareholders’...
All off-balance-sheet items will eventually move on to the balance sheet at some point in time.
All off-balance-sheet items will eventually move on to the balance sheet at some point in time.TrueFalse
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT