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.

You might be interested in

there are differences between leasing and buying a car. when you _____, you own the car when you finish paying. purchase a car w

Sedbober [7]

When you buy a car, you own the car when you finish paying. Leasing is when you rent it.

3 0

3 years ago

Read 2 more answers

Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy

labwork [276]

Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.

6 0

3 years ago

An outbreak of salmonellosis occurred after an epidemiology department luncheon, which was attended by 485 faculty and staff. as

liraira [26]

Out of the 485 who ate the same food items, 65 people had fever and diarrhea and five of them were severely affected. If there were 72 cases added based on the laboratory tests, clinically apparent cases will be (65+72) or 137. The ratio of severe cases to other clinically apparent cases was 5/137.

4 0

3 years ago

How to take a picture and get an answer

KATRIN_1 [288]

Screen shot or take picture and make it an attachment to the duration

5 0

2 years ago

A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a:

AlexFokin [52]

Answer:

4. general partnership.

Explanation:

A general partnership is when at least two people come together to form a business. These partners would have unlimited liabilities.

A sole proprietorship is A form of business owned by one person who has unlimited liabilities.

A corporation is a a form of business owned by many people known as the shareholders. The shareholders have limited liability.

A limited liability company is owned by at least two partners that have a limited liability.

A limited partnership is a type of partnership with two types of partners- the limited partner and the general partner. The limited partner has limited liability and he is not involved in the daily running of the business while a general partner has unlimited liabilities and she is involved in the daily running of the business.

I hope my answer helps you

6 0

3 years ago