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Earnings per share is the net income per common share must be reported by publicly traded companies helps compare companies of different sizes all of

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Earnings per share is the net income per common share must be reported by publicly traded companies helps compare companies of different sizes all of the above Armando Company owns 15,000 of the 50,000 shares of common stock outstanding of Tito and exercises a significant influence over its operating and financial policies. The investment should be accounted for by the equity method market method cost or market method cost method Parker Company owns 83% of the outstanding stock of Tadeo company. Parker Company is referred to as the Parent minority interest affiliate subsidiary An analysis in which all the components of an income statement are expressed as a percentage of net sales is called vertical analysis horizontal analysis liquidity analysis common-size analysis In a common size balance sheet, the 100% figure is total property, plant and equipment. total current assets, total liabilities, total assets. Based on the following data for the current year, what is the accounts receivable turnover? Net sales on account during year $500,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,00 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000 12.5 11.1 10.0 14.3

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