Answer:
Reveal changes in the relative importance of each financial statement item to a base amount.
Explanation:
In the common-size statements, the items would be displayed in the percentage form that is based on the base value rather than the absolute values.
The preparation of this statement is to do the proper analyses of each item with period to period of the similar company so that proper decisions should be taken. In addition, it would also create its importance with respect to the item mentioned in the financial statement
Answer:
$44,325.
Explanation:
In this question we use the future value formula which is shown below:
Future value = Present value × (1 + interest rate)^number of years
= $22,500 × (1 + 0.07)^10
= $22,500 × 1.97
= $44,325
We simply applied the future value by considering the present value, interest rate and the number of years
Answer:
Explanation:
assets:Cash95,000Accounts receivable47,000Due from general fund40,000Materials and supplies18,000Total current assets200,000Noncurrent assets:Capital assets700,000Total noncurrent assets700,000Total assets900,000LiabilitiesCurrent liabilities:Accounts payable115,000Accrued interest payable4,000Total current liabilities119,000Noncurrent liabilities:Revenue bonds payable625,000Total noncurrent liabilities625,000Total liabilities744,000Net PositionNet investment in capital assets30,000Unrestricted69,000Total net position99,000
Answer:
C. The Fed intends to reduce inflation, which occurs if real GDP is greater than potential GDP
Answer:
1. Explain who in the United States would gain?
The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles.
2. Who might lose from dismantling trade barriers between the United States and India?
<em>The USA will lose if trade barriers are dismantled.</em>
The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.
Explanation:
1. The government of the United States will gain from the<em> Import duties </em>that will be charged on the Indian textiles. The government will make huge revenues from the import duties since India will manufacture the textiles at the cheapest costs per unit and influx the USA with affordable and quality clothing.
2. The USA will lose if trade barriers are dismantled.
The United States will lose from dismantling trade barriers because the Indian textile will be massively imported in the country thereby crippling the growth of the local textile manufacturing companies in the United States. India has a comparative advantage over the USA in the manufacturing of textiles, which are in constant demand compared to that of the aircraft which are rarely demanded.
