If you cause a car accident, which type of insurance will require you to pay the least out of pocket?

Your parents tell you that they must create a personal balance sheet. Explain what a personal balance sheet is and explain the t

Zinaida [17]

A balance sheet is an essential way to evaluate for a business. 2. Calculate Assets

Assets, money, investments and products the business owns that can be converted into cash: These are what put companies in the financial positive. A thriving company should have assets that are greater than the sum of its liabilities; this creates value in the company’s equity or stock, and opens up opportunities for financing.

It’s important to list your assets by their liquidity—the facility by which they can be turned into cash—starting with cash itself and moving into long-term investments at the end of the list. For the purpose of an annual balance sheet, you can separate your list between “Current Assets,” anything that can be converted into cash within a year or less, and “Fixed Assets,” long-term possessions that can be sold or that retain value down the line, minus depths and other things.

3 0

3 years ago

Cultural and behavioural expectations of studying for a degree in business management

AlladinOne [14]

The Cultural and behavioural expectations of studying for a degree in business management is to be able to know the relationship and the culture with respect to behaviors of employees, managers and customers.

<h3>What is cultural behavior in business?</h3>

The cultural behavior in business helps to be familiar with the employees, managers and customers and the relationship between them as regards the culture of the business.

This help to know the team's behavior, as well as setting them up to to record success in workplace.

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4 0

1 year ago

During what meeting did the delegates request each state write a constitution?

Tasya [4]

The delegates requested that each state write a constitution during the Second Continental Congress.

6 0

3 years ago

Why is it important to keep your own financial records?

viva [34]

Its great for documentation on income tax returns. A bank may require financial documentation of income statement, a cash flow statement, or a balance sheet before loaning you money. It will help identify sources of income and track debts.

5 0

3 years ago

The CFO of James Jeans Co. has asked you to perform an analysis to assess how the company is performing relative to its two larg

damaskus [11]

The vertical analysis approach that will provide the most effective performance evaluation of James Jeans Co. and its two largest competitors is <u>Option B.</u>

<h3>What is a vertical analysis?</h3>

A vertical analysis is a financial statement analysis with each line item listed as a percentage of the base figure from the financial statement.

For example, the vertical analysis calculates the balance sheet percentage by dividing each asset line item by the total assets.

<h3>Answer Options:</h3>

A. Review the stock price performance of the three companies over the last several years and the Wall Street Analyst buy/sell recommendations: compare debt ratings: review messages on key business websites and blogs to learn what is being said about the company and competitors.

B. Calculate cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for James Jeans and the two largest competitors; draw conclusions from these results and highlight similarities and differences.

C. Identify the structure of the sales and marketing team of each company, gather information about customer product reviews, and review product warranty claims to understand the comparative performance.

D. Analyze the size of each company's balance sheet and income statement accounts by calculating how much larger or smaller the competitors are compared to James Jeans Co. summarize observations about what might be the reasons for these size differences.

Thus, the vertical analysis approach that will provide the most effective performance evaluation of James Jeans Co. and its two largest competitors is <u>Option B.</u>

<em>"Calculate the cost of goods sold, selling and administrative expenses, and net income as a percentage of net sales for James Jeans and the two largest competitors; draw conclusions from these results and highlight similarities and differences."</em>

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8 0

2 years ago