A Company Is Preparing a Common-Size Balance Sheet and Wishes

question 137

Multiple Choice

A company is preparing a common-size balance sheet and wishes the base amount to be the total amount of assets. What are the 2013 and 2014 common-size percents for cash? $\begin{array}{|l|r|r|}\hline & {2013} &{2014} \\\hline \text { Cash } & \$ 21,904 & \$ 32,203 \\\hline \text { Total current assets } & 101,769 & 141,128 \\\hline \text { Property and equipment } & 112,577 & 202,558 \\\hline \text { Long-term investments } & 12,700 & 4,344 \\\hline \text { Intangible assets } & 16,621 & 48,703 \\\hline \text { Other long-term assets } & 11,709 & 13,754 \\\hline \text { Total assets } & \$ 255,376 & \$ 410,487 \\\hline\end{array}$

• A) 21.52% in 2013 and 22.82% in 2014.
• B) 7.90% in 2013 and 7.27% in 2014.
• C) 8.58% in 2013 and 7.85% in 2014.
• D) 19.30% in 2013 and 20.79 in 2014.
• E) The percent cannot be computed for 2013 and it is 47.01% in 2014.

---

Definitions:

Peripheral Neuralgia

A condition characterized by pain or discomfort emanating from the peripheral nerves, typically caused by damage or dysfunction.

Hedonic Continuum

A spectrum that represents the range of experiences from pain to pleasure, underlying the principle that behaviors are motivated by the desire to increase pleasure and decrease pain.

Intensity

The magnitude or strength of a particular attribute, such as physical force, emotional feeling, or effort.

Duration

The length of time that something lasts or continues.