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motikmotik
3 years ago
11

For businesses that gross in excess of $10 million per year, pro forma amounts are usually ________. rounded to the nearest ten

thousand dollars rounded to the nearest one thousand dollars rounded to the nearest one hundred dollars stated in exact amounts.
Business
1 answer:
KatRina [158]3 years ago
5 0

Answer:

rounded to the nearest ten thousand dollars

Explanation:

The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.

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What are the profound and philosophical goals and benefits of a modern industrial society, according to Frederick Winslow Taylor
netineya [11]

Explanation:

The greatest objective and benefit of a modern industrial society according to Taylor was the transformation of management into a science, which should maintain the standardization of administrative processes in order to reduce production time and maintain the quality of work.

He developed the rational organization of work, a tool for researching human labor conditions, such as division of labor, specialization, standardization, supervision, salary incentives, etc., whose aim was to analyze how such factors influence productivity and the quality with which a worker perceives and performs his work.

The benefits of Taylor's management model were reduced working hours, perceived employee appreciation, reduced costs, improved organizational environment, etc.

5 0
3 years ago
Crane Company uses the gross profit method to estimate inventory for monthly reporting purposes. Presented below is information
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Answer:

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Explanation:

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4 0
2 years ago
Why does an unsecured loan have a higher interest rate than a secured loan?
salantis [7]
The banker has a set amount he or she can say yes it ok for the loan .
after that the banker has to ask the manager then the manger has to ask people higher up so what happens is in the bank when they have to get others opinions what happens is they share the cost of the loan if not payed back as a loss to both not just one
6 0
2 years ago
Read 2 more answers
This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)
Ivan

Answer:

The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.

Explanation:

In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.

In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer <em>"the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm"</em>, then that will make it an interesting and important factor for the customer to like the product more.

6 0
2 years ago
1. Interest rates on a 4-year Treasury security are currently 7%, while 6-year Treasury securities yield 7.5%. If the pure expec
Fiesta28 [93]

Answer:

The market believes that 2-year securities will be yielding 4 years from now is 8.51%

Explanation:

The pure expectations theory tries to predict what short-term interest rates will be in the future based on current long-term interest rates.

Given data;

Interest rate on 4-year treasury security = 7%

Interest rate on 6-year treasury security = 7.5%

The pure expectation theory explains  that the 6-year rate is the geometric average of the 4-year rate and the 2-year rate 4 years from now.

The 2-year rate in 4 years is represented by r

We solve;

(1  +  7.5%)⁶ =  (1  +  7%)⁴ ×  (1  +  r)²

(1 + 0.075)⁶  = (1. 0.07)⁴ ×  (1  +  r)²

1.543301526  =  1.31079601  ×  (1  +  r)²

1  +  r  =  1.08507020

r  =   1.08507020 - 1

r = 0.08507020

r = 8.51%

Therefore, the market believes that 2-year securities will be yielding 4 years from now is 8.51%.

6 0
3 years ago
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