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Alex777 [14]
3 years ago
15

Examining relationships among data in the company's financial statements can provide knowledge that can not be gained from just

looking at individual items in the statements.
Business
1 answer:
Yuki888 [10]3 years ago
8 0

Options: True or False

Answer: True

Explanation: Financial statements is a written record of the inflow and outflow of funds in an organisation, it gives a description and clearer picture or view of how the financial activities taking place in the Organisation has been managed,it helps the decision makers to see the true picture and state of affairs of the Organisation.

EXAMINING FINANCIAL STATEMENTS HELPS TO REVEAL MORE DETAILED INFORMATION THAT CAN NOT BE OBTAINED BY JUST LOOKING AT INDIVIDUAL ITEMS IN A STATEMENT.

You might be interested in
A company reports the amounts below in its financial statements. Net cash flow from operating activities $37,570 Total net cash
balandron [24]

Answer:

Ratio will be 0.92

So option (A) will be the correct option

Explanation:

We have given net cash flow from operating activities = $37570

So net operating cash flow = $37570

Current liabilities at the bugging of the year = $38400

Current liabilities at the end of the year = $43200

So average current liabilities =\frac{38400+43200}{2}=$40800

We have to find the ratio of operating cash flow to current liabilities

So ratio will be =\frac{37570}{40800}=0.92

So option (A) will be the correct option

3 0
3 years ago
Global aspirants are:
MissTica

Answer:

c. companies that have already developed products for their domestic middle markets and are now seeking to parlay their existing capabilities to serve the external global middle class.

Explanation:

  • The global aspirant companies are those that strive for a globally competitive market with the product that is already developed in the market and use for the domestic middle-income countries. That target the global middle classes and serves to the external global environment of the company and is the key to business products in the society.
5 0
2 years ago
In the context of analyzing the health, activities, and performance of a business, which of the following is a nonfinancial meth
Solnce55 [7]

3. Short surveys

Explanation:

Financial statement analysis is the method of analyzing the economic structure and reviewing the future of a business to earn income.

Types of Financial statement analysis are as follows:

  • Fundamental analysis
  • Horizontal analysis
  • Vertical analysis
  • Ratio analysis
  • DuPont analysis
  • Dividend discount model

The 3rd option is given as Short surveys which is a non-financial method of analysis.

5 0
3 years ago
Upon a second and third offense, a driver can be charged $25 dollars for not maintaining adequate insurance coverage, $160 for r
xz_007 [3.2K]

If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.

<h3>What is Road traffic offense?</h3>

A road traffic offense refers to any act that violated the Road traffic rule.

Some road traffic offense apportioned for a typical road traffic offense includes:

  • suspension of driver license
  • fines etc

In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.

Read more about road traffic offense

<em>brainly.com/question/1138029</em>

8 0
2 years ago
Prestigious economics professor, Tom Ruland, recently urged government policy makers to cut taxes and increase government spendi
xxTIMURxx [149]

Answer:

The correct answer is True.

Explanation:

These are the measures implemented by the Government aimed at channeling the economy towards certain goals. The fundamental tools available to the Government for this are the management of the volume and destination of public spending. Fiscal policy also includes ways to finance government expenses. For example, if the economy is entering a recessive phase, the Government can reduce taxes and increase spending, in order to expand aggregate demand and overcome the recession. If there is a very high level of unemployment, you can try to create new jobs and grant temporary benefits to the unemployed; If there is a high inflation rate, it will try to reduce spending to counteract possible demand pressures and moderate price rises.

The objectives of the policy are: moderate economic cycles, seek to raise the level of national income, redistribute income, provide public goods, increase employment, etc. However, in certain situations, achieving a fiscal policy objective will ultimately be conditioned by the general objectives of the economic policy pursued by the Government at a given time.

7 0
2 years ago
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