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bearhunter [10]
4 years ago
15

The normal order in which the financial statements are prepared is:

Business
1 answer:
Alex17521 [72]4 years ago
4 0

Answer:

D) Income statement, statement of retained earnings, balance sheet.

Explanation:

The order is

1)Income Statement

2)Statement of Retained Earnings – also called Statement of Owners’ Equity

3)The Balance Sheet

$)The Statement of Cash Flows

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David, a financial accountant at a multinational company, is asked to study the comparative financial statements of a prospectiv
Mama L [17]

Answer:

B) horizontal analysis

Explanation:

Whenever there is a comparative analysis of own performance with past year performances, that is comparison of financial statements of current year with that of preceding year, or number of preceding years then it is said that we are using the technique of horizontal analysis.

Also the meaning can be derived from the word horizontal that is same level, now same level here means of one individual company, with its own past year financial records.

Final Answer

B) horizontal analysis

6 0
3 years ago
Suppose real GDP is $14 trillion and potential real GDP is $14.4 trillion. An increase in government purchases of $400 billion w
Bingel [31]

Answer:

Suppose real GDP is $14 trillion and potential real GDP is $14.4 trillion. An increase in government purchases of $400 billion would cause real GDP to ___equal_____ potential real GDP (assuming a constant price level).

Explanation:

The real Gross Domestic Product (GDP) is the inflation-adjusted estimate of all output produced by the US economy in the current year.  On the other hand, the potential real GDP of the United States is the estimate of the inflation-adjusted output that the US economy would produce in the coming period, using its capital and labor resources.

6 0
3 years ago
WHAT IS THE MAIN THEME IN HITLER WORLDS OF LIFE . GOOD EVENING FRIENDS HOW ARE YOU ALL.​
nexus9112 [7]

Answer:

revise the Treaty of Versailles.

unite all

German-speaking people into one Reich.

expand eastwards to achieve Lebensraum.

Explanation:

fine tq

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3 0
3 years ago
Read 2 more answers
The head of accounting at delores inc. is computing a value that represents the company's financial performance for the previous
Nesterboy [21]
<span> In this scenario, the mean as a measure of central tendency will be least effective as an accurate representation of financial performance.
</span><span>The mean is a measure of central tendency that is the average for a sample.
</span><span>In this specific case the mean is not effective measure because there is a huge difference in the financial performance in the last month compared to the previous months.So the mean would not give the real picture.</span>
5 0
3 years ago
Plssss help
Stolb23 [73]

India's comparative advantage in the global competition will be "Low-cost labor".

  • Over the past couple of years, India however has preserved significant competitive advantages throughout the production of medicines as well as a variety of tradeable commodity manufactured goods.
  • Despite the reality that the requirements for becoming a distribution center continuously improving, certain manufacturing investments are expected to somehow be untouched by technology.

Thus the above answer i.e., "option a" is the right answer.

Learn more about the global competition here:

brainly.com/question/15637941

3 0
2 years ago
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