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FinnZ [79.3K]
1 year ago
9

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:
aev [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.

This is further explained below.

<h3>What is a financial statement?</h3>

Generally, Financial statements are written documents that represent a company's commercial operations as well as its financial performance within a certain period of time.

Audits of financial accounts are often conducted by government agencies, accounting firms, and other organizations for the objectives of ensuring their correctness and meeting the requirements for taxation, financing, and investing.

In conclusion, Selecting a base year and then expressing each item in terms of its relationship to that amount is a practical strategy for standardizing financial statements.

Read more about financial statements

brainly.com/question/14951563

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A __________________ often results in an outflow of financial capital leaving the domestic economy and being invested in the glo
faltersainse [42]

A trade deficit often results in an outflow of financial capital leaving the domestic economy and being invested in the global economy

<h3>What is trade deficit?</h3>
  • A country has a trade surplus or positive trade balance if it exports more than it imports; on the other hand, a country has a trade deficit or negative trade balance if it imports more than it exports. About 60 of the 200 countries as of 2016 had a trade surplus.
  • The majority of trade specialists and economists dispute the idea that bilateral trade imbalances are undesirable in and of themselves.
  • The difference between the monetary value of a country's exports and imports over a specific time period is known as the balance of trade, commercial balance, or net exports (often denoted as NX).
  • A distinction between a trade balance for products and one for services is occasionally drawn. A flow of exports and imports over a specific time period is measured by the balance of trade. The term "balance of commerce" does not necessarily imply that exports and imports are "equally balanced."

To know more about trade deficit with the given link

brainly.com/question/25313034

#SPJ4

6 0
2 years ago
PLEASE HELP! 30 PTS!
pishuonlain [190]
Hey there,

Your question states: <span>Which of the following represents inbound logistics for a bookstore?

Based on my research, your correct answer would be </span>purchasing books from a publishing house. By purchasing books from a publishing house, this would  represents inbound logistics for a bookstore.

Hope this helps.
~Jurgen
8 0
3 years ago
Explain the key function of the marketing manager..
harina [27]

Marketing manager analyze the demand regarding the product as well as the trend.

Explanation:

Marketing manager has to perform various responsibilities, they are as follows-

<u>Coordinates and advises various business activity</u>

A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales  as well as purchase

<u>Identifying market potentials</u>

A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .

<u>Launch attractive product</u>

A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.

<u>Create a good market plan</u>

A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.

5 0
3 years ago
Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $ 1 comma 000​,
astraxan [27]

Answer:

$1,073.60

Explanation:

bond's current price = PV of face value + PV of coupons

maturity = 10 years

face value = $1,000

coupon rate = 7% annual

market rate = 6%

PV of face value = $1,000 / (1 + 6%)¹⁰ =$558.39

PV of coupons = coupon x annuity factor (10 years, 6%) = $70 x 7.3601 = $515.21

market value at issue date = $558.39 + $515.21 = $1,073.60

since the bond's coupon rate was higher than the market rate, the bond was sold at a premium.

8 0
3 years ago
Copybold Corporation is a start-up company that has a capital structure with a debt/assets ratio equal to 0.75. Copybold has no
galben [10]

Answer:

The value of the difference between the earnings per share (EPS) forecasts for Feast and Famine is $2.40

Explanation:

The solution is as evident in the attached Excel Sheet. In the excel sheet the formulas are used which are also given in the second sheet.

For the data values from the question are used.

8 0
3 years ago
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