Answer:
True
Explanation:
statement of cash flows can be regarded as financial statement which gives analysis of how cash as well as cash equivalent is affected by any changes in balance sheet accounts.
The indirect method of statement of cash flows begins with loss or the net income as well as the substraction of values from non cash revenue which result in case flow as a result of operating activities.
Answer:
Estimated manufacturing overhead rate= $0.2 per direct labor dollar
Explanation:
Giving the following information:
Direct labor, $30,000
Factory overhead applied $6,000.
<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
6,000= Estimated manufacturing overhead rate*30,000
6,000 / 30,000 = Estimated manufacturing overhead rate
Estimated manufacturing overhead rate= $0.2 per direct labor dollar
Answer:
a. FactSet Prices & Derived Analytics
Explanation:
the answer to this question is option A. Factset prices and analytics gives financial data as well as analytic data to the global investment world. this company gets data directly from suppliers, these suppliers are usually third party data suppliers, other sources are form news channels, fro exchangers. it also provides analytic services to companies that want to track their portfolios.
<h2>Maximum loss limited to their capital investment</h2>
Explanation:
- As an investor there is a possibility of both profit and loss. If it is sole proprietorship, the profit or loss will be put on the his / her shoulder.
- In case of limited partner, the advantage is that if there is a loss occurred it will" limit to their capital investment".
- He/she enjoys "protected investments"
- There will not be any huge loss since the capital invested is limited.
- "A company can have more than one limited partner"
The answer is foreign currency fluctuations.
Foreign currency fluctuations are basically the change in the values of currencies based on the demand of that currency.
In other words, the more the number of investors invests in the stocks regulated by the stock market to buy exports of any country, the more will be the value of the currency of that particular country and vice versa.
Foreign currency fluctuation occurs for all floating currencies all over the world.
Since in the given case, the value of the euro changes from US$1 to US$1.60 from 2002 to 2008 respectively.
Hence, this change in value is called Foreign currency fluctuations.
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