Table 18 -5 Olivera Company Provides the Following Data for the Year 2017

question 67

Multiple Choice

Table 18 -5
Olivera Company provides the following data for the year 2017:

-Refer to Table 18-5.On a vertical analysis,what percentage would be shown for net income?

• A) 22.1%
• B) 18.8%
• C) 20.1%
• D) 27.3%

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Definitions:

Monthly Payments

Regular payments made over a period, often in the context of loans or leases, where the total amount is divided into equal monthly installments.

Future Value

The equivalent value of an asset or money at a future date, which equals a certain present-day amount.

Interest Rate

The percentage at which interest is charged or paid on a sum of money, often expressed annually.

Cash Flows

Cash flows refer to the net amount of cash and cash-equivalents being transferred into and out of a business.