The Following Is a Summary of Information Presented on the Financial

question 97

Multiple Choice

The following is a summary of information presented on the financial statements of The Cake Company on December 31, 2014. What would horizontal analysis report with respect to net sales revenue?

• A)A 5% increase in net sales revenue
• B)A dividend yield of $8.20
• C)That cost of goods sold is 79.19% of net sales revenue
• D)An accounts receivable turnover of 7.24 times

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Definitions:

Stretching Vibration

A vibrational movement in molecules where atoms move along the line of the bond, changing the bond length.

IR Spectroscopy

Infrared (IR) spectroscopy is an analytical technique used to identify and study chemicals through the absorption of infrared radiation, which causes molecular vibrations.

Electronegativity

A characteristic of a chemical nature indicating how strongly an atom pulls electrons toward it within a chemical bond.

Stiffness

The resistance of a material to deformation under stress, often considered in the context of mechanical properties of materials.