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3 years ago

Selecting a base year and expressing each amount as a percent of the base year amount is called:

1 answer:

4 0

The process of selecting a base year and expressing the amount as a percent of the base year amount is referred to as trend analysis. Percentage change can be calculated between two periods or over a longer period of time.

Percentage change between two periods:

Subtract the earlier year from the later year. A negative difference means the change is a decrease. A positive difference means it is an increase. Then divide the change by the earlier year's balance.

Percentage change over a longer period of time:

1. Select the base year.

2. Divide the amount in each nonbase year (for each line item) by the amount in the base year and multiply by 100.

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Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in,

elena55 [62]

Answer:

Revenue/Income; Expenses

Explanation:

Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.

$Profit/Loss = Revenue - Expenses$

If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.

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3 years ago

When banks provide information about savings accounts, they typically quote the interest rates they offer (e.g. 1%) on a...

ra1l [238]

Answer:

D. Annual basis

Explanation:

Banks and other financial institutions typically quote interest rates that they pay for deposits on an annual basis. This is to say, the quote the effective rate that is compounded annually, even if the interest is paid monthly, daily, quaterly, or semi-annually.

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3 years ago

Which of the following is NOT a correct explanation for multimarket competition?

GenaCL600 [577]

Answer:

Which of the following is NOT a correct explanation for multi-market competition?

Coca Cola and PepsiCo compete across a number of products (e.g., soft drinks, bottled water) and geographic markets (U.S. and foreign markets) indicating that both companies have market commonality.

Explanation:

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3 years ago

A ball rolls across a floor with an acceleration of 0.100 m/s2 in a direction opposite to its velocity. The ball has a velocity

lilavasa [31]

Answer:

a. 4.15 m/s.

Explanation:

Given the following data;

Acceleration, a = -0.100 because it's in the opposite direction.

Final velocity = 4

Distance = 6

To find the initial velocity of the ball, we would use the third equation of motion;

$V^{2} = U^{2} + 2aS$

Where;

V represents the final velocity measured in meter per seconds.

U represents the initial velocity measured in meter per seconds.

a represents acceleration measured in meters per seconds square.

S represents the displacement measured in meters.

$V^{2} = U^{2} + 2aS$

Making U the subject, we have;

$U^{2} = V^{2} - 2aS$

Substituting into the equation, we have;

$U^{2} = 4^{2} - 2*(-0.100)*(6)$

$U^{2} = 16 + 1.2$

$U^{2} = 17. 2$

Taking the square root of both sides;

U = 4.147m/s ≈ 4.15m/s

Therefore, the initial speed of the ball is 4.15m/s.

7 0

3 years ago

If a firm adheres strictly to the residual dividend policy, then if its optimal capital budget requires the use of all earnings

ikadub [295]

Answer: (b).no dividend to common stakeholders.

Explanation: The firm should pay no dividend to common stakeholders because the optimal capital requires the use of all their earnings for a given year.

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3 years ago