A Company Is Preparing a Common Size Balance Sheet and Wishes

question 30

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 2010 and 2011 common-size percents for cash?
$$\begin{array} { | l | r | r | } \hline & \mathbf { 2 0 1 0 } & { \mathbf { 2 0 1 1 } } \\\hline \text { Cash } & \mathbf { 2 1 , 9 0 4 } & \mathbf { \$ 3 2 , 2 0 3 } \\\hline \text { Total curtert assets } & 101,769 & 141,128 \\\hline \text { Propety and equipment } & 112,577 & 202,558 \\\hline \text { Long-tern irvestrments } & 12,700 & 4,344 \\\hline \text { Intarigible assets } & 16,621 & 48,703 \\\hline \text { Other lonp-term assets } & 11,709 & 13,754 \\\hline \text { Total assets } & \$ 255,376 & \$ 410,487 \\\hline\end{array}$$

• A)21.52% in 2010 and 22.82% in 2011
• B)7.90% in 2010 and 7.27% in 2011
• C)8.58% in 2010 and 7.85% in 2011
• D)19.30% in 2010 and 20.79 in 2011
• E)The percent cannot be computed for 2010 and 47.01% in 2011

Grasp the concept of accountability and its significance in organizational performance.

Analyze the differences between centralized and decentralized authority structures and their impact on organizational flexibility and decision-making.

Understand the concept of delegation and its significance in organizational processes.

Grasp the principles of organizing within a company, such as parity principle, unity of command, and chain of command.

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Definitions:

Marketing Manager

A professional responsible for overseeing the promotion and sales strategy of products or services.

Break-Even Point

The point at which the amount of goods produced or sold matches the total costs, leading to no profit or loss.

Variable Expenses

Costs that change in proportion to the level of goods or services produced by a business.

Fixed Expenses

Costs that do not change with the level of goods or services a company produces over a short period, such as rent, salaries, and insurance.