Financial analysis is performed by a firm or an organisation in order to see how the company is performing compared to earlier periods of time and how the company's performance compares with other competitors in the industry. When conducting a financial analysis of a firm, financial analysts rely solely on accounting information. Accounting information data or information is all the data that support financial statements.
Answer:
$20,000
Explanation:
Calculation for the amount of the company’s bad debt expense for the current year
Using this formula
Bad debt expense = Credit Sales Amount × Estimated percentage uncollectible
Let plug in the formula
Bad debt expense = $2,000,000 × 1%
Bad debt expense =$20,000
Therefore the amount of the company’s bad debt expense for the current year will be $20,000
Answer:
D) Tariff
Revised Question:
Canada is considering imposing a tax on imports of Chinese solar panels. This action would be best described as,
A) Subsidy
B) Voluntary export restraint
C) Quota
D) Tariff
Explanation:
Tariff is a type of tax imposed on imports from a particular country to restrict the import of a particular product. It is used as a tool to safeguard the domestic industry as prices of a product rises when imposed tariff.
Answer:
d. intergovernmental organizations (IGOs)
Explanation:
Multinational forces cannot interact with for-profit relief agencies or local media agencies that require unified actions. The reason behind not choosing those agencies is that the agencies cannot command as a unified action. Multinational forces can only interact with the international government organization. Therefore, option D is the correct answer.
Goods a and b are substitute goods.
<h3>What are S
ubstitute goods?</h3>
Substitute goods are goods with similar characteristics that enables consumers or producers use them in place of one other in either the production or consumption process. An example of substitute goods are black pens and blue pens.
if the price of one of the goods in the substitute pair increases, the demand for the substitute increases and if the price of one of the substitute good reduces, the demand for the substitute increases. Thus, there is a positive relationship between the price of one of the substitute pairs and the demand for the other substitute pair, all things being equal.
To learn more about substitute goods, please check: brainly.com/question/26551927
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