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sweet [91]
1 year ago
7

A useful way of standardizing financial statements is to choose a _______ year and then express each item relative to that amoun

t.
Business
1 answer:
liberstina [14]1 year ago
6 0

A useful way of standardizing financial statements is to choose a base year and then express each item relative to that amount.

Below, this is further discussed.

<h3>Financial statements: What are they?</h3>

Financial statements, in general, are official records of the financial activity and condition of a company, an individual, or another organization. Structured and simple-to-comprehend presentations of pertinent financial data are made.

In summary, Selecting a base year and then expressing each item according to that sum is a helpful method for standardizing financial reporting.

Explore more about Financial statements

brainly.com/question/14951563

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In producing product AA, 6,300 pounds of direct materials were used at a cost of $1.10 per pound. The standard was 6,000 pounds
abruzzese [7]

Answer:

300 A

Explanation:

(SQ - AQ) SP

(6000 - 6300)1

300 A

It means that actual quantity produced is worse than expected quantity.

5 0
3 years ago
If the supply of solar panels increases, 1. the price and quantity of solar panels increases. 2. the demand for solar panels inc
ryzh [129]

Answer:

3. the price of solar panels decreases and the quantity increases.

Explanation:

An increase in supplies results in reduced prices.  As per the law of supply and demand, an increase in supply while holding the demand contact results in a decrease in price.  Increase supply causes downward movements along the supply curve, pushing the prices lower. There will be many solar panels available in the market competing with for few buyers.

An increase in supplies means an increase in the quantities available in the markets. Buyers will have a large selection of solar panels to choose from.

6 0
3 years ago
How do individuals benefit from having health insurance? Why is health insurance likely to become a bigger and more complex issu
SVEN [57.7K]

Answer: Individuals benefit from health insurance because it's helps them pay off health debt when they may not have the funds at the moment to do so, especially in cases where the bills can be very expensive.

Explanation:

Health insurance could be described as insurance that covers the health bills of individuals when they are sick or have an accident.

Individuals benefit from health insurance because it's helps them pay off health debt when they may not have the funds at the moment to do so, especially in cases where the bills can be very expensive.

Health insurance would likely be a problem in the future due to the cost. Health bills can be very expensive, especially when it involves illness that require lots of operations or much bills to pay. This has made organizations begin to withdraw the benefits of health insurance for their staff.

5 0
3 years ago
Nations will attract investment and its citizens will engage in productive activities when the institutions and policies of that
Varvara68 [4.7K]

Answer:

Explanation:

All of the above.

Companies will be attracted to nations that encourage market exchange and not restrict it, reward innovation, and protect people and property,

4 0
3 years ago
Write a for loop that prints in ascending order all the positive integers less than 200
ExtremeBDS [4]

The correct answer for the for loop is:

for (int i=1; i<200; i++){

if ((i%2)==0 && (i%3)==0){

cout << i << " ";

}

}

Python offers three options for running the loops. For iterating repeatedly through a sequence, use a for loop (that is either a list, a tuple, a dictionary, a set, or a string). This functions more like an iterator method seen in other object-oriented programming languages and is less like the for keyword found in other programming languages. The for loop allows us to run a series of instructions once for each element of a list, tuple, set, etc. There is no need to set an indexing variable before using the for loop.

Write a for loop that prints, in ascending order, all the positive integers less than 200 that are divisible by both 2 and 3, separated by spaces.

Learn more about loops here:

brainly.com/question/25955539

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5 0
2 years ago
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