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IRISSAK [1]
3 years ago
13

A young software development company recently went public. To attract investors, the company executives want to emphasize the am

ount of growth seen in the year-end cash balance. Which type of analysis will most likely be used?A. vertical analysisB. liquidity analysisC. ratio analysisD: horizontal analysis
Business
1 answer:
Lisa [10]3 years ago
6 0

Answer: Horizontal analysis

       

Explanation: In simple words, horizontal analysis refers to the comparison of performance of a single organisation in two years in which one year is taken as a base year.

Under such an analysis, an analyst compares all the aspects of the company to assess whether the company has increased or decreased its performance with respect to revenues, profits and expenses etc. Generally the data is shown as comparative analysis.

Thus, from the above we can conclude that the correct option is D.

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Journalize the following transactions for Roberts Company. Assume a perpetual inventory system. Also, assume a constant gross pr
astraxan [27]

Answer:

Aug 6.   Dr cash          $14,000

             Cr Sales                          $14,000

Aug,6   Dr Cost of goods sold      $8,400

            Cr Merchandise inventory              $8,400

August 12  

                 Dr Sales returns      $1,560

                  Cr Cash                               $1,560

August 12

              Dr Merchandise inventory  $936

              Cr Cost of goods sold                     $936

Explanation:

In the first place,the goods sold for cash of $14,000 means that cash account is debited and sales is credited with $14,000

However,with respect to cost of goods sold,there would a debit of $8,400 and credit of the same amount  to merchandise inventory.

The goods returned returned would necessitate debit of sales return with $1,560 and credit to cash of the same amount.

The cost of goods returned  is $936  ($1,560*$8400/$14,000) should debited to merchandise inventory and a credit to costs of good sold

3 0
3 years ago
While Alison was showing her new grandson to friends, the baby needed a diaper change, and she had brought none with her.
Harman [31]

Answer:

Substitute product

Explanation:

Since Alison uses an eco-friendly Seventh Generation brand diapers which was currently unavailable in the local grocery store, she substituted with the regular Pampers diaper brand.

She substitutes her priority brand over what she could supplement it with in the time of need.

Substitute goods are those which can be replaced with a comparable product similar to the one in current use.

7 0
3 years ago
Central Supply purchased a new printer for $45,000. The printer is expected to operate for nine (9) years, after which it will b
Molodets [167]

Answer:

$9,900

Explanation:

The double-declining method is an accelerating approach to accounting for depreciation. The method uses twice the rate of the straight-line depreciation method. For central supply, the straight-line depreciation rate will be.

Useful- life 9 years, the rate will 1/9 x 100

=11.11 %

Double declining method = 11 % x 2 = 22%

the Depreciable amount equal to asset cost minus salvage value

=$45,000 -$4500

=$40,500

Depreciation is done up to the salvage value.

The first-year depreciation will be  22% of the book value( the cost price)

=22% of $45,000

=22/100 x $45,000

=$9,900

7 0
3 years ago
WHAT DO PAYROLL TAXES HELP FUND
dimaraw [331]
It's a federal tax in the U.S. that must be paid by both employees and employers in order to fund both Social Secrity and Medicare. Hope this helps.
5 0
3 years ago
Nicholas believes that everyone deserves a second chance, even those who get in trouble with the law. That is why he wants to be
dimulka [17.4K]

The correct answer for the question is (D) he should enroll in a bachelor’s degree program at a university and seek an apprenticeship with someone in the field.

Nicholas needs to do this since to get a job as a Probation Officer, he needs to at least have a Bachelor’s degree in sociology, psychology, or criminal justice. After attaining any of these qualifications, he can seek apprenticeship before finally attaining a position as a Probation Officer.

4 0
3 years ago
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