Answer:
a. Comparing individual financial statement line items over time.
Explanation:
Horizontal analysis of financial statements involves comparing financial information contained in the current period with the historical records of the same company to identify trends. The main objective is to identify if the ratios have been increasing, decreasing or fluctuating a lot. This is useful in analyzing and making decisions whether a company should make a major change in one area or another.
Answer:
Altoona’s Net Income for 2021 was: $296,000
Explanation:
The Net Income can be determined by reconciling the Net cash flow from operating activities to Operating Profit as follows :
Net cash flow from operating activities $300,000
Less Depreciation and amortization ($24,000)
Add Increase in accounts receivable $20,000
Operating Profit $296,000
Notes :
Reconcile the non-cash items previously added or deducted from Net cash flow from operating activities and any changes to Working Capital accounted for in determination of Net cash flow from operating activities .
The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to expand on international markets and to be able to maintain the Lower production costs.
<h3>What is importance of of Competitive Advantage</h3>
A competitive advantage serves as one that distinguishes a company from its competitors.
This helps in the getting of more customers, as well as brand loyalty and it is very essential to business so as be able to succeed.
In this case, The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to expand on international markets and to be able to maintain the Lower production costs.
Learn more about competitive advantages on:
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Answer:
Product mix breadth
Explanation:
Product mix breadth refers to varieties of products offer for sale by a store. In a product mix breadth, all products being produced by a brand or company are sold.
Although, product mix breadth comprises varieties of product line, yet it is made up of all products produced and distributed by a company. For example, a store will little space or limited finance may opt to sell fewer product lines but would also make more choices available from the product lines being sold.
