A Company Is Preparing a Common Size Balance Sheet and Wishes

question 108

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 2009 and 2010 common-size percents for cash?

• A) 21.52% in 2009 and 22.82% in 2010
• B) 7.90% in 2009 and 7.27% in 2010
• C) 8.58% in 2009 and 7.85% in 2010
• D) 19.30% in 2009 and 20.79 in 2010
• E) The percent cannot be computed for 2009 and 47.01% in 2010

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Definitions:

Oscillation Frequency

The rate at which an object or system oscillates, usually measured in cycles per second or Hertz (Hz).

Dampen

Synonymous with damp.

Suspension Components

Parts like springs, shock absorbers, and struts that are used to support a vehicle's frame, body, engine, and systems while driving over uneven surfaces.

Spring Shackles

Components used to attach leaf springs to the frame of a vehicle, allowing for movement and flexibility in the suspension system.