Answer:
a. Comparing individual financial statement line items over time.
Explanation:
Horizontal analysis of financial statements involves comparing financial information contained in the current period with the historical records of the same company to identify trends. The main objective is to identify if the ratios have been increasing, decreasing or fluctuating a lot. This is useful in analyzing and making decisions whether a company should make a major change in one area or another.
Answer:
The theory of efficiency wages why might some firms voluntarily pay workers a wage above the market equilibrium, even in the presence of surplus labor is due to these reasons:
Paying higher wages enhances workers to adopt healthier lifestyles, enhancing their productivity.
Paying higher wages can reduce a firm's training costs.
Paying higher wages encourages workers to be more productive.
Explanation:
Payment of higher wages increases the efficiency and productivity of the workers.
Also, payment of higher wages gives room for self-motivation among workers. Therefore, much training is not required leading to a reduction in training cost.
Answer:
A.) - 2.6
B.) 0.4
Explanation:
Ticket price = $3
Winning price = $200
Probability of winning(Pwin) = (1/500)
Probability of not winning (Ploss) = [ 1 - (1/500)] = 499/500
Net income if Raul wins (Nwin) = $200 - $3 = $197(no refund)
Net loss if Raul does not win(Nloss) = - $3
A.) Expected value is calculated by;
(Pwin × Nwin) + (Ploss × Nloss)
((1/500) × 197) + ((499/500) × - 3)
0.394 - 2.994 = - 2.6
B.) Fair Value is calculated by;
Cost of ticket + Expected value
3 - 2.6 = 0.4
Answer:
franchise
Explanation:
A franchise tax refers to a government fee levied on a few companies like businesses and associations with a connection in the country by some US states. A franchise levy is not income-based. Somewhat, the classic estimate of a franchise tax is predicated on the individual's net value or capital.
According to the tax regulations in each jurisdiction, the level of a franchise tax in a particular state can vary widely. Many jurisdictions will determine the sum of franchise tax due on a basis of the assets of the company or net worth, whereas others will refer to the performance of the company's physical capital.
