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3 years ago

Financial statement analysis involves all of the following except:

Business

1 answer:

lora16 [44]3 years ago

3 0

Answer:

The correct answer is does not assure the company that it will be more profitable in the future.

Explanation:

Financial statements is the one of the most important statements for the company which is prepared or made by the management of the company, it represents the financial position and the performance for a particular period.

It involves the income statements, statement of cash flows, balance sheet and statement of owner's equity.

It analysis the profit, transform the data so that can be used in decision making. But does not assure the company that it will be more profitable in the future.

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Gilroy Crackers enjoys a competitive advantage as a cost leader because high demand for its products has allowed it to operate a

photoshop1234 [79]

Answer:

Explanation:

Gilroy has been enjoying a cost leadership advantage as a result of a high demand for its product in the market , which has made him to operate at a minimum efficient scale. This means that any action that disrupts the production activities of Gilroy crackers will be of great concern to the managers as demand for crackers might not be met and the cost competitive advantage lost.

One action here that could cause this is if a major storm shut down Gilroy's production for several days. Production will be affected and customers high demand might not be met as a result.

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4 years ago

Which of the following is true? a. risky assets on average do not earn a risk premium b. there is a reward for bearing risk, on

Natali [406]

Your option is e which is the right answer

8 0

4 years ago

Suppose a new off-campus university apartment complex could rent its rooms on the open market for $900 a month. If, instead,

attashe74 [19]

Answer:

Explanation:

the price cap is form of price ceiling

Price ceiling is when the government or an agency of the government sets the maximum price for a product. It is binding when it is set below equilibrium price.

Effects of a binding price ceiling

1. It leads to shortages

2. it leads to the development of black markets

3. it prevents producers from raising price beyond a certain price

4. It lowers the price consumers pay for a product. This increases consumer surplus

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3 years ago

Joel is the sole shareholder of Manatee Corporation, a C corporation. Because Manatee’s sales have increased significantly over

Zina [86]

Answer:

If Joel purchases the warehouse, he can rent it to the corporation and charge the highest possible rent within reasonable terms. Joel can avoid double taxation and the corporation will be able to deduct rent expense.

Joel is also able to deduct depreciation expenses, real estate taxes, and other costs from his passive income.

As an individual, Joel is taxed differently for capital gains in case he sells the warehouse, and that rate is generally lower than corporate tax rates.

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3 years ago

On May 9, 2017, Calvin acquired 250 shares of stock in Hobbes Corporation, a new startup company, for $68,750. Calvin acquired t

slega [8]

Answer:

Ordinary Loss: $50,000

Short Term Capital Loss : 0

Long Term Capital Loss : $11,750.

Explanation:

The objective of this question is to determine his tax consequences as a result of this sale

From the question given ; the result of the sale which Calvin possess is as follows:

Ordinary Loss: The Ordinary loss is said to be limited to $50,000 for individual. ( According to Section 1244 ; the section give opportunities for losses from sale of shares of small and domestic corporations to be deducted as ordinary losses instead of as capital losses up to a maximum of $50,000 for individual .)

Short Term Capital Loss is said to be zero If it's one year or less.

Long Term Capital Loss is $11,750. How obtained this desired output of $11,750 is as a result of the following:

We know that :

Value of shares Acquired $68,750

Calvin sold all of his Hobbes stock for $7,000 (i.e the selling price rate)

Also , the Ordinary loss = $50,000

Therefore :

Value of shares Acquired = $68,750 - $7,000 - $50,000 = $11,750

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4 years ago