All of the following statements regarding vertical analysis are true except a. in a vertical analysis of a balance sheet, each asset item is stated as a percent of total assets b. in a vertical analysis of an income statement, each item is stated as a percent of total expenses c. vertical analysis may be prepared for several periods to analyze changes in relationships over time d. major differences between a company’s vertical analysis and industry averages should be investigated

Bayside began 2014 with an inventory t-account debit balance of $155,000. inventory purchases during the year amounted to $75,000. there were no inventory-related write-downs or losses. what is its december 31, 2014, inventory account balance?

Serious question, which is preferred in a business? pp or poopoo?

At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,810 shares $10,781,000 common stock, $5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes $21,950,000 discontinued operations (loss before taxes) $3,505,000 preferred dividends declared $1,078,100 common dividends declared $2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation