A Company Is Preparing a Common-Size Balance Sheet and Wishes

question 141

Multiple Choice

A company is preparing a common-size balance sheet and wishes the base amount to be the total amount of assets.What are the 2013 and 2014 common-size percents for cash?
$$\begin{array} { | l | r | r | } \hline &2 0 1 3 & { 2014 } \\\hline \text { Cash } & \$ 21,904 & \$ 32,203 \\\hline \text { Total curtent assets } & 101,769 & 141,128 \\\hline \text { Propety and equipment } & 112,577 & 202,558 \\\hline \text { Long-term investrments } & 12,700 & 4,344 \\\hline \text { Intarigible assets } & 16,621 & 48,703 \\\hline \text { Other long-term assets } & 11,709 & 13,754 \\\hline \text { Total assets } & \$ 255,376 & \$ 410,487 \\\hline\end{array}$$

• A) 21.52% in 2013 and 22.82% in 2014.
• B) 7.90% in 2013 and 7.27% in 2014.
• C) 8.58% in 2013 and 7.85% in 2014.
• D) 19.30% in 2013 and 20.79 in 2014.
• E) The percent cannot be computed for 2013 and it is 47.01% in 2014.

Examine the impact of international trade and trade restrictions on net exports, the real exchange rate, and the demand for dollars in the foreign-currency exchange market.

Distinguish between various factors that shift the demand and supply curves in the markets for loanable funds and foreign-currency exchange.

Understand the equilibrium condition in the open-economy macroeconomic model and its implications for domestic investment, net capital outflow, and net exports.

Identify the roles of government budget deficits and surpluses in the open-economy macroeconomic model.

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Definitions:

Ear-marking

Allocating specific funds for a particular purpose or project, often used in governmental budgeting practices.

Appropriation

The act of setting aside funds by a legislative body for specific governmental purposes.

Collaborations

Joint efforts or partnerships between individuals, organizations, or entities to achieve common goals.

Pool Funds

Financial resources combined from multiple sources or agencies to maximize efficiency, effectiveness, and flexibility in funding programs or projects.