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3 years ago

Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time

Business

1 answer:

coldgirl [10]3 years ago

4 0

Answer:

Option C

Explanation:

In simple words, Horizontal analysis ( also referred to as pattern analysis) is indeed a method for the study of financial records that indicates improvements in the sums of the related products over a span of time. This is a valuable tool for determining pattern circumstances. The reports are being used in horizontal analysis for two different time intervals and is compared on percentage basis.

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11. Do you think consistent increase in a country's imports has a favourable impact on its production and employment? WHY?

Vesnalui [34]

Answer:

A country induce imports mainly due to two strategies. First is when the needs is to be satisfied for a commodity that cannot be produced domestically or to foster competition in the domestic country.

When the imports increase the domestic industries tries to improve their operations by increasing efficiency which leads to better economic growth and employment opportunities.

3 0

3 years ago

Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the ma

oksano4ka [1.4K]

Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the market to be higher than they would otherwise be. This results in consumers buying less

<h3>What are barriers to trade?</h3>

Barriers to trade refers as certain hurdles which restrict an individual or organisation to practice trade activity effectively. These barriers can be regulatory barriers, physical barriers and so on.

These trade barriers are launched to support small-scale business and introducing jobs in the industries to prevent unemployment.

These trade barriers results in high prices in the market due to reduce amount output supplied by foreign companies. This will result in less buying behaviour by consumer.

Learn more about barriers to trade, here:

brainly.com/question/19109348

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7 0

2 years ago

Bonita Cosmetics acquired 10% of the 218,000 shares of common stock of Martinez Fashion at a total cost of $13 per share on Marc

Semmy [17]

Answer:

See explanation section

Explanation:

Req. A: Situation 1

Mar 18 Available for sale of stocks of MF Debit $283,400

Cash Credit $283,400

Note: As Bonita acquired 10% of Martinez shares at $13, total cash has to be paid to Martinez Fashion = (218,000*10%) × $13 = 21,800 shares × $13 = $283,400.

Jun 30 Cash Debit $7,130

Dividend Revenue Credit $7,130

Note: As Martinez declared $71,300 to all stockholders, Bonita will receive 10% of those dividends as they acquired 10% of the total stocks. The cash received from the MF is = $71,300 × 10% = $7,130.

Securities Fair Value

Dec 31 Adjustment Debit $21,800

Unrealized holding gain (loss)- Equity Credit $21,800

Note: As the market price of the share increased to $14-$13 = $1, Bonita would gain from the increased market price. Total gain = $1 × (218,000 shares × 10%) = $21,800.

Req. B Situation 2

Investment in Seles

Jan 1 Common stock of Seles Corp. Debit $77,520

Cash Credit $77,520

Note: As Windsor, Inc. obtained 30% of Martinez shares at $8, total cash has to be paid to Martinez Fashion = (32,300*30%) × $8 = 9,690 shares × $8 = $77,520.

Jun 15 Cash Debit $10,560

Dividend Revenue Credit $10,560

Note: As Seles declared $32,300 to all stockholders, Windsor, Inc. will receive 30% of those dividends as they acquired 30% of the total stocks. The cash received from the MF is = $32,300 × 30% = $10,560.

Investment in Seles

Dec 31 Cash Debit $24,600

Revenue Credit $24,600

Note: As Seles reported a net income of $82,000, due to acquiring 30% of Seles stock, Windsor, Inc. will receive 30% of its net income. The revenue is = $82,000 × 30% = $24,600.

5 0

3 years ago

Your department at work places $10,000 every year-end into an account earning 5%. The money is used when the corporate office fa

Jobisdone [24]

Answer:

68,019.13

Explanation:

this particular question can be solved, using an approach by the annuity concept, remember that an annuity is usefull for calculating the present or future value of a series of regular payments, so in this case we are asked to calculate the future value as follows:

$s_{n} =P*\frac{(1+i)^{n}-1 }{i}$

where $s_{n}$ is the future value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

$s_{6} =10,000*\frac{(1+0.05)^{6}-1 }{0.05}$

$s_{6} =68,019.13$

4 0

4 years ago

Crystal Soda produces lemon-lime soda. It incurred the following costs during the period (in thousands): Lemon Syrup $16,000

KonstantinChe [14]

Answer:

The total amount of product costs for Crystal Soda for the period is $29,960 (in thousands).

Explanation:

Product costs refer to the costs incurred by a business in order to create the product of the company or providing a service to the customers.

Product costs include direct materials costs, direct labor costs and manufacturing overhead costs

For Crystal Soda,

Product costs = Lemon Syrup + Freight-in for raw materials + Plant utilities + Assembly line wages + Plant janitor's wages + Bottles + Lime flavoring = $16,000 + $1,300 + $1,250 + $7,900 + $1,000 + $1,490 + $1,020 = $29,960

8 0

3 years ago