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
Dmitry [639]
3 years ago
8

The income statements for Federer Sports Apparel for 2022 and 2021 are presented below.

Business
1 answer:
klemol [59]3 years ago
4 0

Answer and Explanation:

The Preparation of horizontal analysis for 2022 using 2021 as the base year is prepared with the help of a spreadsheet.

Horizontal analysis is a method for the analysis of financial statements that indicates fluctuations in the amount of the related products over a period of time. It is a valuable instrument for determining trend situations.

So, with the help of the spreadsheet, we will be able to find the net income by using the formulas.

You might be interested in
Splish Brothers Inc. reported net income of $394000 for the year. During the year, accounts receivable increased by $29000, acco
Scilla [17]

Answer:

$414000

Explanation:

Calculation to determine what Net cash provided by operating activities for the year is

Net income $394000

Less Receivable increased ($29000)

Less Accounts payable decreased ($12000)

Add depreciation expense $61000

Net Net cash provided by operating activities $414000

Therefore Net cash provided by operating activities for the year is $414000

6 0
3 years ago
A student is conducting a research project that involves using a survey. the survey asks participants about their highest level
iris [78.8K]

Exempt review

<span> An exempt review is a defined as one which poses minimum amounts of risk or threat to participants of a survey. Exempt reviews are also conducted anonymously, with no identifiable information of the participants collected. In this case since the student’s questions are fairly harmless and the anonymity of the subjects is maintained, it can be classified as an exempt review</span>
3 0
3 years ago
Southwest Airlines is famous for operating at low cost. They achieve low costs because they are very selective in the people the
kumpel [21]

Answer: Its competitive advantage

Explanation: Competitive advantage refers to a situation when a company has some superior position in market than other competing firms.

In the given case, Southwest airlines is operating at low cost due to their high standards in recruitment and cooperative behavior towards their employees. Thus, they are offering something that no other firm is. Hence, due to their special behavior towards their employees they are having low cost and competitive advantage in market.

6 0
3 years ago
Sixty percent of Company A’s employees are considered top performers. Fifty five percent of Company A’s employees are in a rigor
Yuri [45]
I don't think it will necessarily mean that.

if 60 % of company's A employees are top performers, it means that 40 % of them are not.
if all of that 40 % employees are the one that receive rigorous training programs, it mean that most of the employees in the training program are not top performers.

hope this helps

5 0
3 years ago
The Project Management Body of Knowledge Guide definition of a project indicates that a project is:
Katyanochek1 [597]

Answer:

B

Explanation:

Hope this helped and have a great day.

4 0
3 years ago
Other questions:
  • How can the amount of us currency in circulation be so much higher than the amount held by the u.s?
    8·1 answer
  • Anka Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. An
    5·1 answer
  • Timothy Carter went out to eat with his girlfriend at a fancy restaurant. When he tried to pay the bill with his MasterCard cred
    13·1 answer
  • Vextra Corporation is considering the purchase of new equipment costing $43,500. The projected annual cash inflow is $12,700, to
    7·1 answer
  • For the coming year, Crane Inc. is considering two financial plans. Management expects sales to be $301,770, operating costs to
    9·1 answer
  • Suppose a perfectly competitive firm and industry are in long-run equilibrium and the firm earns an economic profit in the short
    8·1 answer
  • "A customer wishes to open an account that will be used primarily to buy initial public offerings (IPOs). Which statement is TRU
    14·1 answer
  • 6. The DAP Company has decided to make a major investment. The investment will require a substantial early cash out-flow, and in
    5·1 answer
  • Gerrald Express is a partnership business registered in Singapore. The partners are Glenn and Kim. Each of the partners contribu
    10·1 answer
  • _______________ are best defined as for-profit and non-for-profit organizations, including individuals such as agents that play
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!