The Jiffy Corporation Data for the Current Year - What Would a Horizontal Analysis Report with Respect to

question 113

Multiple Choice

The Jiffy Corporation data for the current year: $\begin{array}{|l|c|c|}\hline \text { Account } & \text { Current year } & \text { Prior year }\\\hline \text { Current assets } & \$ 72,000 & \$ 60,000 \\\hline \text { A/R } & \$ 49,500 & \$ 45,000 \\\hline \text { Mdse. Inventory } & \$ 56,000 & \$ 40,000 \\\hline \text { Current liabilities } & \$ 63,250 & \$ 55,000 \\\hline \text { Long-term liabilities } & \$ 31,500 & \$ 30,000 \\\hline \text { Common stock (5,000 shares) } & \$ 54,000 & \$ 40,000 \\\hline \text { Retained earnings } & \$ 28,750 & \$ 20,000 \\\hline \text { Net sales revenue } & \$ 565,600 & \$ 505,000 \\\hline \text { COGS } & \$ 454,250 & \$ 395,000 \\\hline \text { Gross Profit } & \$111,350 & \$ 110,000 \\\hline \text { Selling/General expenses } & \$46,800 & \$ 52,000 \\\hline \text { Net income before taxes } & \$ 64,550 & \$ 58,000 \\\hline \text { Income tax expense } & \$ 19,250 & \$ 17,500 \\\hline \text { Net Income } & \$ 45,300&\$40,000\\\hline\end{array}$


- What would a horizontal analysis report with respect to net sales revenue?

• A)There was an increase of 12.00% in net sales revenue.
• B)There is a sales return of $8.10.
• C)The cost of goods sold is 80.31% of net sales revenue.
• D)There is an accounts receivable turnover of 11.43 times.

Identify the areas of the brain involved in dreaming and their level of activity.

Describe the circadian rhythm and the effects of circadian rhythm disruptions.

Recognize the content and structure of dreams and differentiate between REM and Non-REM dreams.

Apply knowledge of sleep stages to understand sleep-related phenomena (e.g., hypnagogic imagery, sleep paralysis).

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Definitions:

Borderline Personality Disorder

A mental health disorder characterized by unstable moods, behavior, and relationships.

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states that control an individual's behavior in different contexts.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, including heart rate, digestion, and respiratory rate.

Antisocial Personality Disorder

A mental health disorder characterized by a long-term pattern of disregarding or violating the rights of others, lacking empathy and often showing deceitful behavior.