0
In performing a vertical analysis what is the base for cost of goods sold?
Wiki User
∙ 12y ago
The base for any item in a vertical analysis is Net Sales. This is because you are dividing the item, in this case the cost of goods sold, by the net sales to figure the percentage.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What tool in FM suite can be used to validate all commitments in the general accounting and finance system base level?
Open Document Analysis (ODA)
During fiscal year end closeout who serves as the liaison between base level major players and DFAS?
Financial Analysis Office (FMA)
What tool in FMSuite is used to validate all commitment and obligations in the General Accounting and finance system base level?
Open Document Analysis (ODA)
How much is the VAT in the Philippines?
SEC. 106. Value-Added Tax on Sale of Goods or Properties. -(A) Rate and Base of Tax. - There shall be levied, assessed and collected on every sale, barter or exchange of goods or properties, value-added tax equivalent to ten percent (10%) of the gross selling price or gross value in money of the goods or properties sold, bartered or exchanged, such tax to be paid by the seller or transferor.
Does russia have a sales tax?
There is no sales tax in Russia. VAT is levied on the sale of goods and services in Russia and the import of goods into the Russian Federation. The taxable base is the sales price. The standard rate of VAT is 18%. Some supplies of basic foodstuffs and children's clothing and footwear are taxed at a reduced rate of 10%. Some imported medicines, medical equipment and scientific research are exempt from VAT. Other exemptions include cultural and educational services, as well as services rendered by lawyers.
In performing a vertical analysis the base for cost of goods sold is?
The base for any item in a vertical analysis is Net Sales. This is because you are dividing the item, in this case the cost of goods sold, by the net sales to figure the percentage.
What is the base word for vertical?
There is no root word for vertical. Ver or vert is not true for vertical.
A line is this when it is at 90 degrees to a horizontal base?
It is both perpendicular to the base and vertical.
What do vertical angles add up to?
A vertical angle is perpendicular to a horizontal base and equals 90 degrees
Methods of brasing a vertical pipe onto a flat base?
One can use either a sprinkler pipe or a polypipe in brasing a vertical pipe onto a flat base.
What shape has 3 dimensions and 4 vertical?
A cuboid, on its base, is a 3-d shape and four of its edges are vertical.
What is vertical analysis?
Vertical analysisA method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities and equities) in a balance sheet is represented as a proportion of the total account. In vertical analysis of financial statements, an item is used as a base value and all other accounts in the financial statement are compared to this base value. On the balance sheet, total assets equal 100% and each asset is stated as a percentage of total assets. Similarly, total liabilities and stockholder's equity are assigned 100%, with a given liability or equity account stated as a percentage of total liabilities and stockholder's equity. On the income statement, 100% is assigned to net sales, with all revenue and expense accounts then related to it. The main advantages of vertical analysis are that the balance sheets of businesses of all sizes can easily be compared. It also makes it easy to see relative annual changes within one business.fazlullah KPK AUP,PESHAWAR PAK
What is the formula for finding the area of a parallelogram?
Base * vertical height.
What is formula for area of a parallelogram?
Area = base * height(height being the vertical measure, not the sloped measure)Area = base * height(height being the vertical measure, not the sloped measure)
What word has the same base word as analyze?
The word "analysis" shares the same base word as "analyze." Both words stem from the Greek word "analusis," meaning a breaking down or evaluation of something.
What does vertical drop mean in skiing?
the term "vertical drop" is a word used by ski resorts to describe how "tall" a ski resort is. If the top of a ski resort is 13,000 feet and the base area of the resort is 10,000 feet, than the vertical drop of the resort is 3,000 feet. aka, the vertical feet between the top elevation and the base elevation.
What is the equation to find the area in a parallelogram?
Multiply the length of the base by the vertical height.
