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Nookie1986 [14]
2 years ago
9

Ratio analysis involves analyzing financial statements to help appraise a firm's financial position and strength.

Business
1 answer:
zhuklara [117]2 years ago
7 0

The fin To assess a company's financial status and strength ratio analysis entails examining financial accounts. We may assess the firm's liquidity using both the current ratio and the inventory turnover ratios.

Ratio analysis is a statistical method for examining the balance sheet and income statement of a firm in order to learn more about its liquidity, efficiency, and profitability. Ratio analysis serves as the foundation for basic equity research. Ratio analysis looks at line-item data from a company's financial statements to provide insights about profitability, liquidity, operational performance, and solvency.

Ratio analysis allows you to compare one firm to another within the same industry or sector and track how one company has changed over time.

Although ratios provide helpful information about a company, they should be combined with.

Learn more about Ratio analysis here.

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How would define industry? What is the industry of a store that sells fishing poles
swat32

Answer:

An industry is <u>a group of companies that are related based on their primary business activitie</u><u>s.</u><u> </u>In modern economies, there are dozens of industry classifications. Industry classifications are typically grouped into larger categories called sectors.

fishhook, spinner, cork, gig, fishing pole, bobber, fizgig, landing net, fishing rod, fishgig, bobfloat, harpoon, lance, fishing line, reel, bob, gaff, spear.

Explanation:

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6 0
2 years ago
Fellingham Corporation purchased equipment on January 1, 2019, for $400,000. The company estimated the equipment would have a us
lesya [120]

Answer:

Answer not in the given option, please recheck for error.

depreciation in 2021 would be= $82,000

Explanation:

Depreciation  incurrred in 2019:

Using straight line depreciation = original cost - salvage value / useful life

=(400,000-40,000)/10

=$36,000

The depreciation from January 1, 2019 to December 31st 2020 = 2 years

therefore depreciation  for the two years = $36,000 x 2 = $72,000

Book value recorded early 2021= Original cost - the A ccumulated Deprecaition

= 400,000- 72,000= $328,000

But Remaining useful life =4 years with no salvge value

Therefore depreciation in 2021 would be  = Cost - salvage value / useful life

($328,000 - 0)/4

= $82,000

6 0
4 years ago
Little Corp., a toy manufacturing company, allocates one task to an employee working from 8:00 a.m. to 12:30 p.m. and allocates
Leno4ka [110]

Answer:

Job Sharing.

Explanation:

Job sharing can be understood as an act, where one set of employees works for a given shift and the remaining work is completed by the other set of employees at any other time of the day. This is usually done by part-time workers and they tend to split their remuneration as well according to the work requirement and their performance.

8 0
3 years ago
A small company estimating its photocopying expenses finds that the mean number of copies made per day for the past 12 months is
IRINA_888 [86]

Answer:

The answer is: D) On average, the number of copies made each day was about 24 copies per day away from the mean, 258.

Explanation:

Mean: to calculate the mean of an statistical sample, you add all the data points and then divide by the total number of points, in other words is the average value.

Standard deviation: measures how spread out the values are from the sample's mean. The larger the standard deviation, the more spread out the values.

5 0
4 years ago
When a German company decides to build a new hotel in Manhattan and the design calls for the 13th floor to be renamed the 14th f
Andrews [41]

Answer:

It is acknowledging a cultural symbolism about the number 13

Explanation:

A cultural symbol is an object, a behavior or a word that has a particular meaning in a culture. In Germany the number 13 is considered an unlucky number and they prefer not to use it and this is a cultural symbol. So, according to this, the answer is that the firm is  acknowledging a cultural symbolism about the number 13.

4 0
4 years ago
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