Vertical Analysis of Income Statement
For 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the
year, Leif Grando, the president, is presented with the following condensed comparative income statement:
3. PR.14-05B
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,300,000 $1,180,000
Cost of goods sold 682,500 613,600
Gross profit $617,500 $566,400
Selling expenses $260,000 $188,800
Administrative expenses 169,000 177,000
Total operating expenses $429,000 $365,800
Income from operations $188,500 $200,600
Other income 78,000 70,800
Income before income tax $266,500 $271,400
Income tax expense 117,000 106,200
Net income $149,500 $165,200
Required:
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round to
one decimal place. Enter all amounts as positive numbers.
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent
Sales $1,300,000 % $1,180,000 %
Cost of goods sold 682,500 % 613,600 %
Gross profit $617,500 % $566,400 %
Selling expenses 260,000 % 188,800 %
Administrative expenses 169,000 % 177,000 %
Total operating expenses $429,000 % $365,800 %
Income from operations $188,500 % $200,600 %
Other income 78,000 % 70,800 %
Income before income tax $266,500 % $271,400 %
Income tax expense 117,000 % 106,200 %
Net income $149,500 % $165,200 %
2. The net income as a percent of sales has
. All the costs and expenses, other than selling expenses, have maintained their approximate cost as a percent of sales relationship between 20Y1 and 20Y2.
Selling expenses as a percent of sales, however, have . Apparently, the new advertising campaign been successful.
The increased expense produced sufficient sales to maintain relative profitability. Thus, selling expenses as a percent of sales have

Equal opportunity laws regulate employee rights to a safe work environment and reasonable minimum wage.

What is Equal opportunity laws?

Laws governing equal employment opportunities (EEO) forbid some forms of job discrimination in particular workplaces. The Civil Rights Center and the Office of Federal Contract Compliance Programs are two U.S. Department of Labor (DOL) organizations that deal with EEO monitoring and enforcement.

EEO is monitored in programs and initiatives receiving federal funding by the Civil Rights Center. Equal opportunity is likewise guaranteed by CRC for all DOL candidates and employees.

Employers with federal contracts and subcontracts are regulated by the Office of Federal Contract Compliance Programs.

The Equal Employment Opportunity Commission (EEOC) is an independent federal organization that works to advance equal opportunity in the workplace by enforcing federal civil rights laws administratively and legally, as well as by providing information and technical support.

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Deposit Insurance is not a tool the Fed uses to manage the money supply. Deposit Insurance is a system in which the government insures deposits made in banks and other financial institutions up to a certain amount. The purpose of this insurance is to protect depositors from losses if the bank fails. This is an important benefit to consumers, as it provides them with some financial security in the event of a bank failure.

The Fed does not directly manage Deposit Insurance. This is the responsibility of the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the federal government that is responsible for insuring the deposits of banks and other financial institutions up to a certain amount. It is also responsible for examining and supervising banks and other financial institutions to ensure they are operating safely and soundly.

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The correct option is Option D

An opinion leader is an individual who acts as an information broker between the mass media and the views and behaviors of an individual or group.

Opinion leader:

An involved media user must perform opinion leadership in order to interpret media messages or content for lower-end media users. Opinion leaders are frequently highly regarded by those who share their opinions.

Due to our propensity for consulting others for guidance in social settings, opinion leaders play a significant role in information flow. The target audiences for the mass media's information are not reached directly; instead, it is disseminated to them through a mediation process by powerful individuals. Certain traits of opinion leaders make them influential in the public's behavior and decision-making. Opinion leaders may support personal growth, enhance personal recognition, and assist others in performing tasks more effectively by sharing their knowledge.

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False. Database marketing does work for some marketing situations. one of them would be purchases of candy.

What is Database marketing?

The systematic collection, compilation, and processing of consumer data is known as database marketing. Database marketing, often known as customer relationship management, is a type of direct marketing.

Customers' and potential customers' data is gathered and kept in a database by a business. An organization can better understand and market to its customers as a result of the process of gathering this data, perhaps increasing revenue.

Database marketing is a marketing tactic that can be used by businesses including merchants, technology vendors, insurance providers, and other service providers. The companies who have a huge client base will benefit the most from this marketing strategy since they will generate more transaction data, which opens up more opportunities to identify potential customers.

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According to the bond-yield-plus-risk-premium approach, a firm's cost of retained earnings, rs, can be estimated by adding a risk premium of 3 to 5 percentage points to its before-tax interest cost of debt, Rs.

The bond-yield plus risk premium method makes it possible to figure out how much equity capital will cost. By adding the pre-tax cost of debt and the risk premium, which accounts for the higher yield on a company's stock when compared to its bonds, it calculates the cost of common equity. This can be used in place of the CAPM in real-world applications.

The Dividend Discount Model, Capital Asset Pricing Model, and Cost of Equity are some further related topics that you could find interesting to investigate.

Anyone who aspires to work as a banker, investment professional, corporate finance practitioner, or portfolio manager would find this open-access Excel template in XLSX format helpful.

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True The monetary base is increased by the loan amount when banks lend out a portion of their excess reserves.

You can apply for a personal loan online by contacting a bank or financial institution directly through their website to find out if you qualify, as well as to find out the interest rate and monthly payment. The money will be transferred to your checking account right away if the loan is granted.

The finest banks in India for personal loans include HDFC, Hdfc, Bajaj FInancial sector, Tata Bank, and Kotak Mahindra.

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The amount of depreciation expense for the truck for the year ended December 31, 2013 will be $3,780 if it has a residual value of $1,080.

The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value. In lease agreements, one of the lessor's main methodologies for figuring out how much the lessee must pay in periodic lease payments is the residual value. One of the components of a lease calculus or operation is residual value. It expresses the absolute future value of a good in monetary terms, and it is occasionally expressed as a percentage of the original purchase price. An automobile is sold today for the list price of $20,000.

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Lack of operational power, high fees, and low percentage of reservations from the central reservation system are all  Drawbacks of franchising.

The Department of Defense defines operational energy as the energy required to train, move, and sustain troops and weapons platforms for military operations. The term includes energy used by tactical power systems, generators, and weapons platforms.

Operating energy is the energy required throughout the life of a structure, such as lighting, heating, cooling, and ventilation. and operate household appliances.

Operations management includes security monitoring, coordination of generation and transmission resources, coordination and approval of transmission state changes for maintenance, determination of transmission state changes for reliability, coordination with other equilibrium groups, and the Reliability Coordinator.

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The Best way to handle the situation or communicate effectively the problem is Confront the co-worker and tell him to stop making fun of the other people. The Worst way to handle the situation is Avoid the co-worker and suggest others do the same until he stops making comments.

Thus, the best way is option 4 and worst way is option 2.

The process of exchanging ideas, opinions, knowledge, and facts in order to ensure that the message is received and understood with clarity and purpose is known as effective communication. The sender and the receiver are both delighted when we communicate successfully.

You work as an administrative assistant in an engineering firm. A co-worker constantly makes fun of the engineers by whispering comments to you about the engineers' appearance and behavior. Confronting the the co-worker and telling him to stop making fun of the other people is the effective communication for the situation and avoiding  the co-worker and suggest others do the same until he stops making comments is the worst way to deal with the situation

Therefore, Option 4 and 2 are the correct answers.

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Global sourcing is a business technique in which a corporation contracts for low-cost goods and services in other countries, taking advantage of pay differences across borders.

One of the key benefits of global sourcing is cost reduction. Particularly in low-cost areas, many overseas suppliers and manufacturers provide their services at a competitive rate. Businesses can frequently purchase things at a cheaper unit cost because manufacturing costs are typically lower.

The study discovered that strategic sourcing helps the organization to focus on its core functions that help the firm gain strategic advantage while also acting as a mechanism by which business conditions or problems are alleviated in a manner that is more efficient or effective.

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The statement " if the entrepreneur fails to pay the loan, that collateral is given up or surrendered to satisfy payment of the debt." is true.

Often, the sort of loan will predetermine the kind of collateral. Your home becomes the security for a mortgage when you apply. When you take out a car loan, the vehicle serves as collateral. Cars, provided they are fully paid off, bank savings deposits, and investment accounts are among the main forms of collateral that lenders accept. Retirement savings are rarely accepted as security.

Not only from payday lenders, but for other types of extremely short-term loans as well. Such loans are provided by conventional banks; the periods are often no more than a few weeks. Even in cases of true emergencies, you should carefully read the tiny print and compare rates. These short-term loans are an option.

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According to the given situation in the question the sales volume variance was $6550. Unfavourable

The spread between the numbers in a data collection is the simplest definition of variance. Each number's variance, or distance from the average and from all other numbers in the set, is measured statistically.

Variance = (budgeted selling price - actual selling price) X actual units sold

Variance = (8.60 - 8.55) * 131,000 = $6550.Unfavourable

as if the budgeted price was charged it would result in higher revenue at the current level of activity.

The sales volume variance on the other hand is favourable as more units were sold than budgeted.

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Rolf, a resident of New Mexico, intends to sue sandy, a resident of Texas. Because of their diversity of citizenship, a federal court might be able to exercise original jurisdiction over them.

Cases involving the United States government, the Constitution or federal statutes, including disputes between states or between the U.S. government and foreign governments, fall under the purview of federal courts.

In common law legal systems, a court's original jurisdiction is its authority to hear a case for the first time, as opposed to an appellate court's authority to review a lower court's ruling.

District courts, which are the trial court, circuit courts, which are the first level of appeal, and the Supreme Court of the United States, which is the ultimate level of appeal in the federal system, are the three primary levels of the federal court system.

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Complete Question:

Rolf, a citizen of New Mexico, wants to file a suit against Sandy, a citizen of Texas, relating to a motorcycle accident in which Rolf's injuries resulted in medical costs of more than $75,000. Their diversity of citizenship may be a basis for

a. The expected project duration is 31 weeks.

b. The expected project duration is 55 weeks.

c. The expected project duration is 44 weeks.

An endeavor that is meticulously planned to accomplish a certain goal is referred to as a project. This task can be carried out alone or in a group. It might also entail design or research.

According to a different perspective, a project is managed as a series of related activities that must be completed within specific time, budget, and other constraints.

A project may be a transient (rather than a permanent) social structure (work system), sometimes staffed by teams (inside or across organizations) to carry out specific tasks under time limitations.

A project could be an independent system or a component of a larger program management effort.

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A network or other resource users must abide by in order to utilize it is covered by an acceptable use policy. Learn about the nine components that make up AUPs.

The IT security policies of a business are governed by an AUP. These include prohibitions on utilizing public Wi-Fi, reading dubious email attachments, updating access data, such as passwords, accessing restricted information, and using authentication methods that have been approved by the firm.

An agreement between two or more parties that specifies the permitted use of access to a corporate network or the internet is known as an acceptable use policy, or AUP.  is permitted and prohibited by this document is described.

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The sale price will eventually be established as a result of negotiations between customers desiring things and sellers providing products.

What drives someone to be determined? To be determined is to make a solid decision to do something, particularly in connection to goals. People that are determined are frequently highly motivated and laser-focused on their goals. Despite any obstacles or difficulties, they keep a resilient attitude and persevere to succeed.

He is adamant on keeping me. I was only more adamant as a result. Rhyn anticipated it and prepared to battle like he always had. I was adamant that I would know beans.

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This claim is untrue. The earliest start and finish times for each project activity are determined without performing a backward transit over the network.

In other words, the Early Start (ES) position of the first activity is set to zero when the calculation begins. To do the remaining calculations, apply the following formulas: Highest (or Maximum) EF value from the most recent Predecessor equals an early start (s) ES plus Duration equals an early finish.

Early Start: When an activity can start as soon as possible. The earliest time a particular activity can finish. The latest time that a task can start. the earliest time a particular activity can finish.

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A. I and IV only.  I. Wildfires damage an entire town.  IV. All software providers are required to improve their privacy standards.

What are diversifiable risks?

The chance of losing money on investment because of a company- or industry-specific hazard is known as a particular risk or diversifiable risk. Unlike systematic risk, unsystematic risk can only be reduced via diversification for an investor. By making investments in a variety of assets, an investor uses diversification to reduce risk. The risk that is unique to a corporation is referred to as unsystematic risk (also known as diversifiable risk). This kind of risk could be brought on by spectacular occurrences like a strike, natural disasters like fires, or even something as simple as declining sales. Business risk and financial risk are two typical types of unsystematic risk.

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Hudson NOT have included a point-of-purchase tax on his list of costs Because consumers pay point-of-purchase tax. Thus option D is correct.

Customers who purchase the priced items and operations only within the boundaries of the tax must pay a sales tax somewhere at point of the transaction. In the United States, a nation, or occasionally a municipality or county is in charge.

The tax was omitted by Hudson from his list of expenses. The cost to the user of the goods or services includes the tax in addition to the device's or provider's price. Therefore, option D is the correct option.

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At Potential Project, we are on a mission to make work feel more human. In this new world of work, people are focused, calm and resilient, even happy at work.

Because, as demonstrated in the lectures for the PMP certification program, the primary cause is due to the project's schedule and financial restrictions. Of course, any project will be expensive to complete. However, even if the budgetary restriction is removed, other factors like market competitiveness will prevent the completion of several projects.

The various project selection techniques will be discussed in this article along with the ideal times to employ each technique. The PMP training contains more thorough information on project selection.

Project managers' responsibilities include understanding why their project was chosen and how it fits into the organization's strategic goal. Due to the fact that during the project planning process.

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This sums up the commercial appeal, subliminal signaling, messaging, benefit, and executional style of the advertisement.

Advertisements, often known as advertisements or adverts, exist in a variety of formats, from copy to interactive video, and have developed into an essential component of the app store.

Reaching an audience is assured with advertisements. Advertisements can have a direct impact on business by being compelling and spending enough to reach your target audience. Among many other indicators, this effect may be evident in increased brand recognition or improved commerce. A KPI is frequently used in advertising strategies to gauge this effect.

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Consider as well that China has a clear advantage in the manufacture of both cars and airplanes. China should import aircraft from Canada and export automobiles to that country.

It refers specifically to the a production process or its result in its most basic form. Producers are organizations that create products and services, according to economists. These businesses produce goods that they market to clients. These businesses produce goods that they market to consumers. For instance, a clothing company produces clothing for clients. Producing something involves assembling it from components or raw resources. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a goods or product with value for a consumer or end-user.

Economic theory heavily emphasizes the role of production. Due to the application of work to land, it generates value for the economy. Through the availability of goods and services, which translates to increased utility, production also raises the level of living and increases quality of life. The resources that make up the economy's foundation and are used as production factors by individuals to create commodities and services Land, labor, capital, & entrepreneurialism make up the four groups of components of production which economists differentiate.

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Adjustable-rate preferred stock is characterised by a steady share price and a variable dividend dependent on market conditions.

It is the latest trading price for a single share or any other security. The present price serves as a starting point in an open market. It price that a buyer and seller would've been willing to pay for a later transaction involving that security.

Using an online stockbroker is the easiest way to purchase stocks. You may quickly purchase stocks on the broker's website after creating and financing your account. Other choices include buying shares directly from the business or utilizing a full-service broker.

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The amount that has been added to the dropping model is $31,547.

Here we have given that Reshier Company makes three types of rug shampooers.

And we need to find the amount added to the dropping model.

While we are looking into the given question, we have identified the value of each of the department expenses as,

=> Engineering rate = $86,000 ÷ (730 + 76+ 194) = $86

=> Setting up = $196,000 ÷ (12,100+ 13,200 + 29,179) = $3.5977

=> Customer Service = $100,000 ÷ (13,400 + 1,480+ 19,179) = $2.9360

=> Fixed factory overhead = $385,000 - 86,000-195,999 - 22,000 = $81,001

=> Selling and administrative expenses= $307,000 - 99,997 = $207,003

Now, we have to reformulated income statement suggests that the profit of model 1 is negative, then the company can choose either model 2 or 3. Therefore, the product margin of model 2 is maximum, choosing model 2 will be more cost effective,

Then the Dropping model 1 will add $31,547 to the operating income.

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Plug-in hybrid electric vehicles (PHEVs) are a combination of gasoline and electric cars.

Plug-in hybrid electric cars combine a gasoline engine and a battery-powered electric motor that can be recharged while plugged in. They allow you to drive as far as you want while still providing all-electric power for short trips.

A battery, an electric motor, a gasoline tank, and an internal combustion engine are all components of plug-in hybrid electric vehicles (PHEVs), which combine gasoline and electricity. PHEVs burn both gasoline and electricity as fuel.

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The impostor phenomenon describes the propensity to discount outside indications of achievement and to think of oneself as a charlatan who doesn't truly deserve to be regarded as successful.

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Since buying the production business behind the series, Lucasfilm, in 2012 for $4 billion, The Walt Disney Company has been the owner of the intellectual property for Indiana Jones.

Who owns Indiana Jones's rights?

Since Paramount owns the rights to the Indiana Jones films, they can decide what transpires. The Indiana Jones films may eventually move to Disney+ after their Netflix licensing agreement ends. Fortunately, Indiana Jones 5 won't run into this problem.

In what capacity does Indiana Jones serve the state?

Additionally, the movie makes it abundantly obvious that Indy is a government mercenary and not an official agent. By itself, that seems to demonstrate how highly Americans respect individualism, making Indy, strangely, more "American" than the army personnel who hire him.

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Answer:

Explanation:

2 one and also the 5 one

A circumstance when a third party who is not involved in the transaction benefits from a trade between two parties is referred to as a positive externality.

The term "externality" is used by economists to characterize any situation in which the price set by the market does not accurately reflect the full cost of an action. Unaccounted-for positive consequences are referred to as positive externalities. An externality is the impact that a business transaction has on a third party that is not a party to the business transaction.

Anything that benefits society as a whole is considered a positive externality. It comes about as a result of an economic transaction that benefits parties not involved in the transaction.

The market for education is one instance of an advantageous externality. The social benefit increases with an individual's level of education since more educated people have a tendency to be more enterprising, which means they contribute more to their community's economy.

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The going concern assumption assumes that the business will remain in operation for the foreseeable future.

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In reflection attacks require adversaries to send packets to a known service on the intermediary with a spoofed source address of the actual target system.

a frontal assault

This is a frontal assault that draws on the strength of the opponents. Typically, the attack is carried out by providing clients with reduced prices, better products, aggressive advertising, or improved service quality. This kind of attack is dangerous because losing will harm your business's reputation, clients, and sales.

In a reflection attack, the attacker sends a request for information, typically using the User Datagram Protocol (UDP) or, in some cases, the Transmission Control Protocol, while impersonating the target's IP address (TCP). The server then replies to the request by delivering a response to the IP address of the destination.

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