Answer:
Horizontal Analysis
For the years 20Y4 and 20Y5
20Y5 20Y4 Difference amount Difference Percent
Retail 126000 120000 6000 5.0%
Wholesale 150000 164000 -14000 -8.5%
Total revenue 276000 284000 -8000 -2.8%
<em>Workings</em>
Retail= 126000 - 120000 = 6000
6000/120000* 100 = 5.0%
Wholesale= 150000 - 164000 = -14000
-14000/164000 * 100 = 8.53%
Total revenue= 276000 - 284000 = -8000
-8000/284000 * 100 =2.82%
If for the last several years, a country has been moving from a communist system to a more mixed economic system. what would most likely occur in that country is: <u>An increase in choice among competing goods</u>
<h3>What is communist system?</h3>
Communist system can be defined as the system of government in which the public tend to own the factors of production.
If a country has been moving from a communist system to a more mixed economic system. what would most likely occur in that country include the following:
- An increase in choice among competing goods
- Private ownership of business
- More incentives for workers so as to enable them work harder.
Therefore what would most likely occur in that country is: An increase in choice among competing goods.
Learn More about Communist system here:brainly.com/question/11794027
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Answer:
=14%
Explanation:
TVOM represents the Time Value of Money and it represents the worth of an amount of money in present time as compared to its worth in the future. TVOM states that money's potential capacity to earn makes it worth money if received today than if it received in the future.
To calculate the Time Value of Money for Wylie, the following step is undertaken
Step 1: Calculate the difference between $5000 to be received today and the $5,700 Wylie demands as minimum to receive if he is to wait for 1 year
=$5,700 - $5000
=$700
Step 2: Use the formula for TVOM
TVOM= (Difference in value in one year's time /The present amount offered today) x 100
= ($700 /$5,000) / 100
=0.14 x100
=14%
Alternate calculation
Use this formula = P(1+r)= F
P= Present value
r= rate
F= Future value
=$5000 (1 +r) = $5,700
= (1+r)= $5700/$500
=(1+r) = 1.14
r= 1.14 - 1
= 0.14 or 14%
Answer:
a-3 / b-2 / c-4 / d-1
Explanation:
<u>Notes to financial statements</u>: Includes a summary of significant accounting policies and explanations of specific items on the financial statements.
The notes are required by the full disclosure principle. Also referred to as footnotes. Provide additional information pertaining to a company's operations and financial position.
<u>Report of independent registered public accounting firm:</u> Attests to the fairness of the presentation of the financial statements.
is a process designed to provide reasonable assurance regarding the reliability of financial reporting.
<u>Management's discussion and analysis of financial condition and results of operations (MD&A):</u> Is written by the company to help investors understand the results of operations and the financial condition of the company.
Disclosure is mandatory where there is a known trend or uncertainty that is reasonably likely to have a material effect on the registrant's financial condition or results of operations
<u>Financial statements</u>: Includes the income statement, balance sheet, statement of stockholders' equity, and statement of cash flows.
are reports prepared by a company's management to present the financial performance and position at a point in time.
Answer:
A key performance indicator of the customer perspective in a balanced scorecard is option C. number of repeat customers
Explanation:
A Key Performance Indicator (KPI) is a measurable value used to demonstrate how effectively a company is achieving key business objectives.
Organizations use KPIs to analyze their success rate.
The customer perspective within the balanced score card enables organizations to target the market segments to prioritize. Once they have done that, they focus developing strategies that maximizes customers’ utility and bring sin good profit to the organization.
Before now, Balanced Scorecard tilted towards product performance and technology innovation to be the backbones of business success. However, customer behavioral trends have gradually emphasized the necessity for understanding what customers need.
Therefore the number of repeat customers is a KPI of the customer perspective in a balanced score card.