If Total Assets Are $5000, What Is the Common-Size Figure

question 67

Multiple Choice

If total assets are $5000, what is the common-size figure of Cash, assuming that Cash has a balance of $2400? (Round your final answer to the nearest percentage.)

• A)208%
• B)100%
• C)48%
• D)52%

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Definitions:

Continuous-process Technology

A production method characterized by a constant and non-interrupted manufacturing process.

Assembly-line System

A manufacturing process in which parts are added to a product in a sequential manner using a flow production method to create finished products efficiently.

Retentive

Having the ability to retain or hold onto information, knowledge, or materials over a period of time.

Meditative

Pertaining to or involving meditation, a practice of focused attention to achieve a mentally clear and emotionally calm state.