The Comparative Financial Statements of B

question 75

Multiple Choice

The comparative financial statements of B.Darin include the following data:

-Use the information above to answer the following question.Which of the following would be shown on B.Darin's horizontal analysis when calculating percentage changes from the prior year to the current year?

• A) An increase in sales revenue of 23%
• B) An increase in gross profit of 41.5%
• C) An increase in interest expense of 100%
• D) An increase in net income of 57%

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Definitions:

Artifacts

Tangible aspects or objects created by humans which represent elements of culture, including technology, artwork, and tools, in organizational research often related to the physical items that reflect company culture.

Tangible Objects

Physical items that can be seen, touched, and measured, as opposed to abstract concepts or virtual items.

Organizational Culture

A set of shared values, beliefs, and practices that characterizes an organization and guides its members' behaviors.

Cultural Values

The core principles and ideals upon which an entire community exists and functions, shaping behavior and setting standards for what is important.