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3 years ago

A statement comparing data from two or more consecutive periods is called a:

Business

2 answers:

andriy [413]3 years ago

7 0

b. comparative balance sheet by definition

sergiy2304 [10]3 years ago

7 0

Answer:

The correct answer would be B, Comparative Balance Sheet.

Explanation:

A Balance Sheet is one of the many financial statements like Income Statement, Cash Flow Statement, etc. A Balance Sheet is a financial statement which contains information about the Assets, Liabilities and Owner's Equity of the company. This financial statement gives an overall look into the company's financial status. So when data of two or more consecutive periods is needed to be compared, then comparative financial statements are studied for this purpose. These balance sheets of different time periods show the general status of that company.

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Which of the following statements represents information?

monitta

I think the answers b

7 0

4 years ago

Vehicle manufacturers and mechanics suggest that an oil change is done at least ... A. every two months or 2,000 miles. B. every

Tresset [83]

Vehicle manufacturers and mechanics suggest that an oil change is done at least B. B. every three months or 3,000 miles.

<h3>What is Car Maintenance?</h3>

This refers to the care that is given to a car or vehicle that contains an engine so it can continue to perform optimally.

Hence, we can see that based on the recommendations of mechanics and vehicle manufacturers, they believe that an oil change is necessary every 3 months or 3k miles.

Read more about car maintenance here:

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2 years ago

Average Rate of Return—New Product Micro Tek Inc. is considering an investment in new equipment that will be used to manufacture

VladimirAG [237]

Answer:

155%

Explanation:

The computation of Average rate of return is shown below:-

Annual operating income = Sales - Manufacturing cost

= (4,000 × $450) - (4,000 × $264)

= $744,000

Average investment = (Initial cost + Residual value) ÷ 2

= ($940,000 + $20,000) ÷ 2

= $480,000

Average rate of return = Average annual operating income ÷ Average investment

= $744,000 ÷ $480,000

= 155%

4 0

4 years ago

Each of the following scenarios will result in either a shift in the supply curve for labor or a change in the quantity supplied

postnew [5]

Answer and Explanation:

The changes and direction of each point is described below:-

a. As the resort needs new workers, this moves the demand curve to the right, so that salaries rise, and therefore higher wages contribute to an increase in the quantity offered to the right.

So, the correct answer is it will change the quantity and move in the right direction.

b. If more work visas are provided, supply will switch due to factors other than salaries and supply curve

So, it will change in supply and move in the right direction.

c. More labor is needed for more chicken plants, this will move the demand curve to the right so that wages will rise, and therefore higher wages will lead to an increase in the in quantity supplied to the right

So, the correct answer is it will change the quantity and move in the right direction.

d. Since the production house will now require fewer people, wages will decrease so that the quantity supplied will decrease and the quantity supplied will, therefore change to the left.

So, the correct answer is it will change the quantity supplied and move in the left direction.

4 0

4 years ago

The goals of Macroeconomics relate to the ______________ to achieve a balanced higher standard of living for a nation.

Setler79 [48]

Answer: Optimization of resource allocation

Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.

One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.

6 0

4 years ago