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3 years ago

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.

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3. Who was the first customer of mcdonald's and what was ordered?

valentinak56 [21]

Answer:

The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

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2 years ago

On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. The equipment had accumulated depreciation o

pashok25 [27]

Answer:

journal entry are given below

carrying value = $4000 and cash received is $2000

Explanation:

given data

delivery van cost = $20,000

accumulated depreciation = $16,000

Annual depreciation = $2,000

solution

journal entry are

date title debit credit

December 29, 2019 Cash $2000

Accumulated depreciation $16000

Delivery van $20000

note that

here carrying value is = $20000 - $16000

carrying value = $4000

and cash received is $2000

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2 years ago

Your parents have accumulated a $120,000 nest egg. They have been planning to use this money to pay college costs to be incurred

Julli [10]

Answer:

At the end of the 4th year, the original $87,000 less an annual vacation expense of $10,000 would have compounded at an interest rate of 7% to become $69,640

Graduate school costs $24,060. The funds will expire after 2.9 years

Explanation:

Kindly refer to the attached document for clearer breakdown of the workings

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3 years ago

At wich step is a solution implemented in the decision-making process of solving a workplace problem ?

DerKrebs [107]

The decision making process of solving a workplace have seven steps: Identification of the problem, understanding interests, list of possible solutions, evaluating the options, selecting the options, documenting of the agreements and agreeing on contingencies, monitoring and evaluation. The solution is implemented on the last step which is agreeing on contingencies, monitoring and evaluation because in here there are opportunities that are created to evaluate the agreements and the implementation of the solutions.

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2 years ago

Read 2 more answers

On January 1, Year 1, the Accounts Receivable balance was $20,100 and the balance in the Allowance for Doubtful Accounts was $1,

wel

Answer:

$18,400

Explanation:

A/R $20,100

Less: Allowance for doubtful accounts ($1,700)

net realizable value of A/R $18,400

The write off amount is already included in allowance for doubtful accounts on provision basis therefore it can't be separately deducted again.

4 0

3 years ago