1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jeka57 [31]
3 years ago
7

Suppose that in one year the Consulting Corporation had net sales of $750,000 and in the next year had net sales of $925,000. Wh

at would the percentage change be using horizontal analysis?
Business
1 answer:
sergey [27]3 years ago
3 0

Answer:

23.33%

Explanation:

Data provided in the question

Net sales in one year = $750,000

And, the next year net sales = $925,000

So by considering the above information, the  percentage change in using horizontal analysis is

= Difference in amount ÷ Net sales in one year

= ($925,000 - $750,000) ÷ ($750,000)

= ($175,000) ÷ ($750,000)

= 23.33%

You might be interested in
In 1908, Thomas Edison united the 10 companies that held all the necessary patents for film production into the Motion Picture P
MakcuM [25]

Answer:

The Motion Picture Patents Company (MPPC, also known as the Edison Trust), founded in December 1908 and terminated seven years later in 1915 after conflicts within the industry, was a trust of all the major US film companies and local foreign-branches (Edison, Biograph, Vitagraph, Essanay, Selig Polyscope, Lubin Manufacturing, Kalem Company, Star Film Paris, American Pathé), the leading film distributor (George Kleine) and the biggest supplier of raw film stock, Eastman Kodak. The MPPC ended the domination of foreign films on US screens, standardized the manner in which films were distributed and exhibited within the US, and improved the quality of US motion pictures by internal competition. But it also discouraged its members' entry into feature film production, and the use of outside financing, both to its members' eventual detriment.

Explanation:The MPPC was preceded by the Edison licensing system, in effect in 1907–1908, on which the MPPC was modeled. During the 1890s, Thomas Edison owned most of the major US patents relating to motion picture cameras. The Edison Manufacturing Company's patent lawsuits against each of its domestic competitors crippled the US film industry, reducing production mainly to two companies: Edison and Biograph, which used a different camera design. This left Edison's other rivals with little recourse but to import French and British films.

Since 1902, Edison had also been notifying distributors and exhibitors that if they did not use Edison machines and films exclusively, they would be subject to litigation for supporting filmmaking that infringed Edison's patents. Exhausted by the lawsuits, Edison's competitors — Essanay, Kalem, Pathé Frères, Selig, and Vitagraph — approached him in 1907 to negotiate a licensing agreement, which Lubin was also invited to join. The one notable filmmaker excluded from the licensing agreement was Biograph, which Edison hoped to squeeze out of the market. No further applicants could become licensees. The purpose of the licensing agreement, according to an Edison lawyer, was to "preserve the business of present manufacturers and not to throw the field open to all competitors."

In February 1909, major European producers held the Paris Film Congress in an attempt to create a similar European organisation. This group also included MPPC members Pathé and Vitagraph, which had extensive European production and distribution interests. This proposed European cartel ultimately failed when Pathé, then still the largest company in the world, withdrew in April.

The addition of Biograph Edit

3 0
3 years ago
Any changes to a firm's projected future cash flows that are caused by adding a new project are referred to as:________
My name is Ann [436]

The additional operating cash flow after a new project   is called  incremental cashflow

The increased operating cash flow that a company obtains as a result of taking on a new project is known as incremental cash flow. If the project is approved, the company will experience an increase in cash flow, which is known as a positive incremental cash flow. A project should receive funding from an organization if the incremental cash flow is positive.

When examining incremental cash flows, it is important to take into account several factors, including the original investment, cash flows from taking on the project, terminal cost or value, and the scope and time of the project. The net cash flow from all cash inflows and outflows during a certain period and between two or more company decisions is known as incremental cash flow.

Learn more about  cashflow at

brainly.com/question/24179665

#SPJ4

8 0
1 year ago
Which of the following type of entities prepares both entity-wide and fund financial statements
Rus_ich [418]

Answer: Both the State and local governments

Explanation: The State and Local Governments  prepare both entity wide and fund financial statements.

The entity wide and fund financial statements consist of the statement of net assets and Statement of activities. That is its information is based on the funds the Government has and what the funds are used for.

This is different from the private organisations financial statement as they present every thing necessary about the organisation which includes statement of profit and Loss and Balance sheet.

The State and Local Government do not prepare Profit or loss account as the government funds generally have a short-term perspective.

5 0
3 years ago
King Tool is a machine shop that uses job order costing. Overhead is applied to individual jobs at a predetermined rate based on
Tresset [83]

Answer:

a.

Work In Process : Job no. 321 $20,000 (debit)

Materials $8,000 (credit)

Labor $2,600 (credit)

Overheads $9,400 (credit)

<em>Being manufacturing costs charged to job no. 321</em>

b.

Finished Goods Inventory $20,000 (debit)

Work in Progress $20,000 (credit)

<em>Being completion of job no. 321.</em>

c.

Journal 1

Accounts Receivable $40,000 (debit)

Sales Revenue $40,000 (credit)

<em>Being sale of 4,000 units from job no. 321 on credit</em>

Journal 2

Cost of Sales $16,000 (debit)

Finished Goods Inventory $16,000 (credit)

<em>Being cost of 4,000 units sold from job no. 321</em>

Explanation:

The journals and narrations are provided above.

Calculation of Cost of Sales = $20,000 × 4,000/5,000

                                              = $16,000

7 0
3 years ago
Andy tells Ervin and Marina that everyone will lose their jobs if the company goes out of business, whether they have guild prot
Lelechka [254]

Answer:

Pressure

Explanation:

Influence Tactic are ways a leader tries to influence people working with him to do a particular task or improve performance.

Among the influence tactics available, the influence tactic that Andy is most likely utilizing when he says that everyone would lose their jobs if the company goes out of business, regardless of guild protection is Pressure.

Pressure as an influence tactic tries to influence people through the use of threats, demands, or intimidation to get them to agree with a request.

6 0
3 years ago
Other questions:
  • Speculators:
    7·1 answer
  • While speaking with his sales force, the director of sales explains, "Anyone caught violating a sales law will be fired." After
    7·1 answer
  • What need is the new product trying to fill? The Halo Sport product
    9·2 answers
  • In 2011 modern electronics produce 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 2012, the s
    12·1 answer
  • What guidelines will you develop for supervisors to successfully respond to employee questions about unionization? What can your
    15·1 answer
  • Caitlin has a credit card with a spending limit of $1500 and an APR (annual percentage rate) of 18%. During the first month, Cai
    6·1 answer
  • Why education and training important in professional I am give reason​
    11·1 answer
  • Explain the difference between a peer to peer LAN server-based LAN
    7·1 answer
  • Cause/consequences for at least 3 or more stakeholders.
    13·1 answer
  • As leverage increases, the separation between the re increases for different rates of return to assets?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!