Mother Nature Supplies
Following Are Selected Data from the Financial

question 28

Multiple Choice

Mother Nature Supplies
Following are selected data from the financial statements of Mother Nature Supplies:
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$\begin{array}{lrr}&2018&2017\\\text { Accounts receivable } & \$ 60,000 & \$ 38,000 \\\text { Merchandise inventory } & 12,000 & 16,000 \\\text { Total assets } & 450,000 & 380,000 \\\text { Net sales } & 380,000 & 270,000 \\\text { Cost of goods sold } & 160,000 & 210,000\end{array}$ ​
-Refer to the data for Mother Nature Supplies.
Which of the following would result from a horizontal analysis of its income statement?

• A)Cost of goods sold is 45.5% of net sales for 2018.
• B)Gross profit is 42.1% of net sales for 2018.
• C)Cost of goods sold decreased $50,000,or 23.8%,during 2018.
• D)Accounts receivable total 13.3% of total assets for 2018.

Recognize the impact of visual elements in enhancing audience engagement.

Differentiate between various types of fonts and their applications.

Modify photo attributes to improve visual appeal.

Utilize PowerPoint's design features to create visually appealing slides.

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Definitions:

Dependent Variable

In statistical modeling and experiments, it is the variable assumed to depend on one or more independent variables.

Variables

In research, variables are any characteristics, numbers, or quantities that can be measured or controlled.

Interval Variables

Variables that have measurable distances between the values they can take, but no true zero point, allowing for the quantification of differences between values.

Scatter Diagram

A graph used to illustrate the relationship between two variables by displaying points that each represent an observation.