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kkurt [141]
2 years ago
11

Horizontal analysis of income statements a.shows individual revenue and expense items as a percentage of net income. b.shows cha

nges in individual asset, liability, and equity items over time. cpares individual income statement items to those on the income statements of other companies. d.uses the earlier income statement as the base for computing percentage changes.
Business
2 answers:
Alexxandr [17]2 years ago
4 0

Answer:

The answer is d.uses the earlier income statement as the base for computing percentage changes.

Explanation:

Horizontal analysis is used in the review of a company's financial statements over multiple periods.

KatRina [158]2 years ago
3 0

Answer:

The correct answer is letter "D": uses the earlier income statement as the base for computing percentage changes.

Explanation:

Horizontal Analysis compares a company's Balance Sheet or Income Statement over two or more accounting periods. <em>The earliest Income Statement will be considered as the base for comparing changes over the firm's performance in other years</em>. It is called horizontal analysis because it displays numbers in rows, side by side, where changes are clear to see.

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ABC Systems located in Alabama expects a 9% after-tax rate of return on an equipment investment. The state tax rate is 6%. If th
Molodets [167]

Answer: 14.5%

Explanation:

The after tax return is calculated by the formula:

= Before tax return * (1 - federal tax) * (1 - State tax)

As we have the after tax return, we should work on the before tax:

9% = Before tax return * (1 - 34%) * (1 - 6%)

9% = Before tax return * 0.6204

Before tax return = 9% / 0.6204

= 14.5%

5 0
3 years ago
What is a defining characteristic of Homo economicus? A. He often gambles for large but unlikely rewards B. He will buy a good e
sladkih [1.3K]

Answer:

Letter D is correct. <u> He desires to maximize gains and minimize losses.</u>

Explanation:

Homo economicus has as its central characteristic the rationality with which it makes its decisions. Through rational choice theory he is able to analyze situations where he can maximize perceived benefits and mitigate risks, through a systemic and fully rational process he is able to analyze available information that will determine possible short and long term gains and risks. term, and make your decision based on the possibility that will most attract rewards.

3 0
2 years ago
What is the one thing that is both a strength and a weakness for the rail industry?
34kurt

Answer:

Strength: It provided a faster way of travel

Weakness: It took forever and required a lot of manpower

Explanation:

5 0
3 years ago
The ________ value (or obtained value) is what we compute to help us determine if we should accept the null hypothesis or not.
Dennis_Churaev [7]
P value is another way to say obtained value
3 0
3 years ago
What are Costco business perks?
borishaifa [10]

Answer:

There are several perks or troubles that Costco business faces.

Explanation:

The first of these perks is the intense competition from other large retailers like Walmart, Target, or Best Buy. While Costco does have a niche: it tends to sell higher quality poducts for a slightly higher price, the competition is nevertheless stiff because that niche does not apply for all product lines that are sold.

The second perk is also competition, from online retailers, especially Amazon, which is larger than any traditional retailer, but also from a myriad of smaller retailers that emerge constantly in the online market, since the internet provides very few barriers to entry for new competitors.

Finally, the third peak is consumer preferences, and that is because consumers are constantly changing their tastes and preferences, especially in developed countries like the U.S. This means that Costco has to constantly adapt to new product lines, and discard other lines.

3 0
2 years ago
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