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weqwewe [10]
3 years ago
15

The statement of purpose for an analytical report is often more comprehensive than for an informational report.

Business
1 answer:
pshichka [43]3 years ago
6 0

Answer:

a. True

Explanation:

An informational report is a type of report in business that simply provides facts and data about a particular situation without supporting these details with an in-depth analysis and recommendation for improvement. An analytical report however has three of these characteristics. It provides facts and data, analyzes them, and makes the needed recommendation. The statement of purpose in an informational report is simple when compared to the statement of purpose in an analytical report which is more comprehensive. An infinitive phrase begins both reports.

For example, if in an organization, an employee named Adams John is told to prepare a report that evaluates the effect of new government regulations in the importation of parts needed for production, an informational statement of purpose would go thus:

To identify the effects of new governmental regulations on the importation of parts.

An analytical statement of purpose would go thus:

To identify the new governmental regulations limiting the importation of parts, analyze the effects of these regulations, and provide recommendations on better ways to adapt to the current situation.

The above shows a more detailed analytical statement of purpose.

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Patti Company owns 80% of the common stock of Shannon, Inc. In the current year, Patti reports sales of $10,000,000 and cost of
Elden [556K]

Answer:

$10,140,000

Explanation:

To make consolidated statements company needs to consolidate the financial data of its own and its subsidiary.

Revenue can be consolidated of parent and subsidiary as follow:

First

Add revenue of both companies

Total Sales = Patti Company sales + Shannon Inc. sales

Total Sales = $10,000,000 + $200,000 = $10,200,000

Now deduct the sale made to each other because sales mad within the group is not recorded for consolidation purposes and it is not a sale for a group it is an internal group transfer.

Consolidated Sales = Total sales - Internal Sales

Consolidated Sales = $10,200,000 - $60,000 = $10,140,000

8 0
4 years ago
You purchased a stock at a price of $53.36. The stock paid a dividend of $1.87 per share and the stock price at the end of the y
kotykmax [81]

Answer:

Total return = 14.94%

Explanation:

Options are <em>"14.17% , 13.40% , 14.94%, 11.43%, 3.50%"</em>

End price = $59.46

Beginning price = $53.36

Dividend = $1.87

Total return = (End price - Beginning price + Dividends) / Beginning price

Total return = ($59.46 - $53.36 + $1.87) / $53.36

Total return = $7.97 / $53.36

Total return = 0.1493628185907046

Total return = 14.94%

4 0
3 years ago
Fiscal Policy
cricket20 [7]

Based on the economic data given, and the fact that the government is running a deficit, the equilibrium GDP will be 336.67.

If government spending is cut to balance the budget, the new level of GDP will be 321.67.

The effect of balancing the budget will be a decrease in GDP and a slower recovery from the recesssion.

<h3>What is the equilibrium GDP?</h3>

This is given by the variable "Y" so we can find the equilibrium GDP by solving for it:
C = 50 + .7(Y – T)

Y = C + I + G - XN

C = Y - I - G + XN

Solving gives:

Y - I - G + XN =  50 + .7(Y – T)

Y - 40 - 35 + 10 = 50 + 0.7Y - 14

Y - 0.7Y = 50 + 40 + 35 - 10 - 14

0.3Y = 101

Y = 101/0.3

= 336.67

<h3>What is the new GDP if government spending is cut?</h3>

Government spending will have to be cut to a size that would make it equal to taxes so government spending becomes 20.

New GDP becomes:

= C + I + G - XN

= ( 50 + .7(Y – T)) + 40 + 20 - 10

= 271.67 + 40 + 20 - 10

= 321.67

Find out more on GDP at brainly.com/question/1384502.

8 0
2 years ago
Crigui Music produces 60000 CDs on which to record music. The CDs have the following costs: Direct Materials $13000 Direct Labor
gizmo_the_mogwai [7]

Answer:

$35,000 is the maximum amount that Crigui should pay

Explanation:

Total cost if manufactured internally;

Direct materials $13,000

Direct labor 15,000

Variable overhead 3,000

Fixed overhead 7,000

————

Total cost $38,000

Therefore, $38,000 - $3,000 (unavoidable cost) = $35,000

7 0
3 years ago
True or False: In a competitive labor market, increasing the minimum wage always raises the number of employed workers.
Brrunno [24]
I believe it’s true
4 0
3 years ago
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