<span>A trend extrapolation is detecting faulty underlying assumptions before forecasting errors can occur. This is to allow forecasters to place a trend that is evident over time, and then calculate it forward base on the calculated data relating rates of change. An example is detecting the climate of the day. Forecasting it is not easy since analysts have to extrapolate the past data to predict the future event. </span>
The articles of confederation were written in March 1, 1781
Answer:
Following are the solution to the given question:
Explanation:
A financial manager should understand adequate information on accountancy. This is irrespective of whether the business does have a trained counterpart.
Accountancy is a necessary input into the function of financial management. Throughout the extent, as accounts were important input in financial decision-making is closely connected with both the interaction between finance and financial.
Accrual analysis provides information mostly on the company's operations. The result of the accountancy is accounts like the income statement, the income statement, and the position financial adjustments report. The information in such statements helps money advisors assess a company's previous growth and career projections.
The purpose of accountancy in the choice process is to gather and provide financial data on the institution's past, present, and future activities.
During the economic transaction, the finance department uses these data. This is not possible for money advisors to collect data or to make choices from accounts. And an investor's primary focus is to collect data and display it, whereas budgeting, control, and judgment are the main job of a financial manager. In a sense, financial management starts at the end of accountancy.
Answer:
10.71%
Explanation:
The computation of the required rate of return on this preferred stock is shown below :
The Required return on preferred stock is
= Dividend ÷ market value of preferred stock
= 7.50 ÷ $70
= 10.71%
By dividing the dividend from the market value of preferred stock we can get the Required return on preferred stock and the same is to be considered
therefore we ignored the par value i.e $60 as this is not relevant
Answer:
Adjusted cash balance as per books = $11,100
Explanation:
Given Cash balance as per books = $9,400
Add: Deposits in transit that is deducted by us but not added by bank thus added = $9,400 + $1,100 = $10,500
Add: Notes Receivables collected by bank but not added in books = $10,500 + $2,500 = $13,000
Less: Bank Service Charges as not deducted in books = $13,000 - $50 = $12,950
Less: Outstanding Checks as yet not cleared = $12,950 - $1,450 = $11,500
Less: NSF check as not received by bank = $11,500 - $400 = $11,100
Adjusted cash balance as per books = $11,100
