The revenue trend percent for Years 2 and 3 is <u>108.77% for Year 2 </u><u>and </u><u>117.54% for Year 3</u>
<h3>Calculation :</h3>
Year 2:
$620,000 / $570,000 × 100
= 108.77%
Year 3:
$670,000 / $570,000 × 100
= 117.54%
<h3>How do you calculate revenue trend?</h3>
To calculate the Revenue Growth Rate we find by subtracting the first month revenue from the second month revenue. Divide the result by the first month revenue and then multiply by 100 to transform it into a percentage.
<h3>What is revenue growth used for?</h3>
Revenue growth reflects sales increases/decreases with the time. It is used to determine how fast a business is expanding.revenue growth aids the investors to identify trends in order to gauge revenue growth over time.
Learn more about revenue trend:
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Since the problem assumes annual compounding, then the
relationship of forward rate and spot rates is given in the equation:
f1,2 = ((s2^2 / s1) - 1)
Therefore,
f1,2 = ((1.069^2 / 1.063) - 1)
f1,2 = 0.075 = 7.5%
Forward rate is 7.5%.
Answer:
31st December
Dr Interest expenses 72
Cr Interest Payable 72
(to record interest expenses payable as at 31st December for note owed to Hyatt)
Dr Interest expenses 200
Cr Interest Payable 200
(to record interest expenses payable as at 31st December for note owed to the Bank)
Dr Interest expenses 12
Cr Interest Payable 12
(to record interest expenses payable as at 31st December for note owed to Towne)
Explanation:
The total interest expenses payable as at 31st December is calculated for each creditors as below:
- 36 days Interest expenses owed to Hyatt: 36/360 * 9% * 8,000 = $72.
- 24 days Interest expenses owed to the Bank: 24/360 x 10% x 30,000 = $200.
- 9 days Interest expenses owed to Towne: 9/360 x 4% x 12,000 = $12.
<u>Ordering your latest credit report</u> is the action that appeared to be the least helpful if you’ve been the victim of identity theft. Therefore, <u>the correct answer is D.
</u>
If anyone has been a victim of identity theft, then it is important for such a person to officially report or contact any of the credit reporting companies to place a fraud alert on their credit report.
<h2>Further Explanation</h2>
Identity theft is when someone intentionally steals your information and uses such information without taking your permission. In the US, identity theft has become a booming business for fraudsters
In the US, 15.4 million Americans were a victim of theft, also identity theft tops complain of the consumer to the Federal trade commission. Regardless of how careful you seem to be, you can still fall victim to identity theft.
If you are a victim of identity theft, there are things you do immediately.
Some of the steps you can take to prevent an identity thief to further commit fraud with your details include
- Report any issues concerning identity theft to the federal trade commission (FTC)
- Ensure you clean up your entire account
- Immediately contact the credit Report Company and officially place a fraud alert
- In case of Tax-related identity theft, report to the IRS
- Place a block on your credit report
- Contact the company or the backs where the fraud occurred.
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KEYWORDS:
- victim
- identity theft
- irs
- fraud
- companies
- account
A. True
Btw that's a picture of me.