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2 years ago

A financial statement analysis report helps to reduce uncertainty in business decisions through a rigorous and sound evaluation.

Business

1 answer:

Vladimir79 [104]2 years ago

5 0

Answer:

True

Explanation:

A financial statement analysis report helps to reduce uncertainty in business decisions through a rigorous and sound evaluation.

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In 2010, the country of Vesey exported goods worth $312 billion and services worth $198 billion. It imported goods worth $525 bi

Sergio039 [100]

Answer:

A. $213 billion

Explanation:

Given that

Good imported = 525 billion

Good exported = 312 billion

Recall that

Merchandise trade deficit = Export - Import

Thus

= 312 - 525

= -$213 billion

The negative sign indicates a deficit of $213 billion in merchandise trade.

NOTE that merchandise refers to produced GOODS, goods sold and bought. Thus, services and other things are not included in the calculation.

6 0

3 years ago

To fund your dream around-the-world vacation, you plan to save $1,175 per year for the next 15 years starting one year from now.

kobusy [5.1K]

Answer:

I will save $26,390

Explanation:

A fix Payment for a specified period of time is called annuity. The Compounding of these payment on a specified rate is known as Future value of annuity. In this question $1,175 per year payment for 15 years at 5.53% interest rate is also an annuity.

We can calculate the amount of saving by calculating the future value of the given annuity.

Formula for Future value of annuity is as follow

Future value of annuity = FV = P x ( [ 1 + r ]^n - 1 ) / r

Where

P = Annual payment = $1,175

r = rate of return = 5.53%

n = number of years = 15 years

Placing Value in the formula

Future value of annuity = FV = 1,175 x ( [ 1 + 5.53% ]^15 - 1 ) / 5.53%

Future value of annuity = FV = 1,175 x ( [ 1 + 0.0553 ]^15 - 1 ) / 0.0553

Future value of annuity = FV = $26,390

6 0

3 years ago

An investor purchases a stock with a beta of 1.25. Over the course of the previous year, the market had returns of 6%, while the

Rama09 [41]

Answer:

2.5%

Explanation:

Calculation for what is the alpha of the stock

Using this formula

Alpha of the stock= Realized Return - (Market Return *Beta)

Let plug in the formula

Alpha of the stock= 10% - (6% * 1.25)

Alpha of the stock= 0.10 - (0.06 * 1.25)

Alpha of the stock= 0.10 - 0.075

Alpha of the stock= 0.025 *100

Alpha of the stock=2.5%

Therefore the alpha of the stock will be 2.5%

3 0

2 years ago

Solstice Company determines on October 1 that it cannot collect $65,000 of its accounts receivable from its customer, P. Moore.

agasfer [191]

Answer:

Dr Bad Debt Expense $65,000

Cr Accoutn Receivable $65,000

Explanation:

Preparation of the journal entry to Record the write off an account.

Based on the information given the appropriate journal entry to Record the write off an account be is :

Dr Bad Debt Expense $65,000

Cr Accoutn Receivable $65,000

(To Record write off an account)

3 0

2 years ago

Suppose the labor force stays constant, and the working age population stays constant, but some people who were unemployed bec

gayaneshka [121]

Answer:

Explanation:

Labour force is the sum of the employed and the unemployed in the economy.

Labour force participation rate is

3 0

2 years ago