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Anastaziya [24]
3 years ago
6

What is important to understand about the label "pro forma"? Pro forma refers to GAAP-based financial statements. Pro forma requ

ires firms to present two distinct net profit amounts in their Form 10-Ks. Pro forma relates to the amount of debt in a firm’s capital structure. Pro forma earnings or financial statements are sometimes based on a firm’s own definition which is not technically a correct definition.
Business
2 answers:
AlexFokin [52]3 years ago
5 0

Answer:

Pro Forma earnings or financial statements are sometimes based on a firm's own definition which is not technically a correct definition.

Explanation:

Pro Forma  Financial Statement are based on assumptions , projections which can sometimes not be correct that is why in the answer there is "own definition" that refers to own projections and sometimes pro forma are based on previous year's information.

Nonamiya [84]3 years ago
4 0

Answer:

Pro forma income or fiscal summaries are some of the time dependent on an association's own definition which isn't technically a right definition.  

Explanation:

Fundamentally proforma explanations are projections of the fiscal summaries like accounting report, Income proclamation and income articulation and so on which depend on presumptions like future costs, future income, speculation, financing and so forth. Subsequently it is right to state that proforma fiscal reports depend on element possess series of expectations.

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How does the government typically change fiscal policy to try to improve the u.s. economy during a recession?
Pie
<span>Fiscal policy allows the government to adjust taxes and government spending during times of recession and in times when the economy is doing really well. During a recession the government will often lower taxes and interest rates and increase government spending in order to boost the economy. When the economy is going well, tax rates and interest rates will be increased and government spending will be slashed in order to create a surplus for harder times when the government needs to spend more.</span>
4 0
4 years ago
Read 2 more answers
A stock has an expected return of 13.4 percent, the risk-free rate is 9 percent, and the market risk premium is 10 percent. What
emmasim [6.3K]

Answer: 0.44

Explanation:

From the question, we are informed that a stock has an expected return of 13.4 percent, the risk-free rate is 9 percent, and the market risk premium is 10 percent.

The beta of this stock be calculated as:

= (13.4% - 9%) / 10%

= 4.4% / 10%

= 0.044 / 0.10

= 0.44

Therefore, the beta of the stock is 0.44

5 0
3 years ago
The company recorded a sales commission to the salesperson who made the sale to the customer
Archy [21]

Income commissions consult with repayment paid for creating a sale. they may be generally a percentage of the sale this is then introduced on pinnacle of one’s base profits.

Sales commissions are a incredible tool because they serve to align the incentives of each the enterprise and the employee. both the salesclerk and the commercial enterprise gain from generating sales. With income commissions, salespeople can benefit extra manipulate over how a good deal they earn and their efforts are tied to compensation.

For the sake of this newsletter and the ASC 606 law, we will be centered at the accrual foundation method. The accrual basis acknowledges the revenue when it's far billed and earned, regardless of whilst the cash is paid or acquired.

So, if your salesperson makes a sale nowadays, however handiest gets their commission check at some point of next month’s pay day, you will be recognising the revenue at the time of the sale this month.

Learn more about commissions here - brainly.com/question/957886

#SPJ4

7 0
2 years ago
Which of the following factors is not used to determine whether an activity is a hobby or a business?A) the taxpayer's expertise
melisa1 [442]

Answer: Option D    

 

Explanation: As per the tax laws, the activities in which the taxpayer has expertise in and he or she is getting some  kind of monetary benefit from performing it, then such activity will be seen as a business.

However, if the taxpayer do not repetitively perform an activity and derives no personal gain other than pleasure from performing such activity, then it will be a hobby.

Hence from the above we can conclude that the correct option is D.

7 0
3 years ago
Because it is a. neither excludable nor rival in consumption, a tornado siren is a common resource. b. rival in consumption but
astra-53 [7]

Answer:

D, neither excludable nor rival in consumption, a tornado siren is a public good.

Explanation:

A tornado siren is a siren that is used to give emergency warnings to a large population of an impending danger or danger that has passed.

A tornado siren otherwise known as the civil defense siren is of public good and as such is not a rival neither can it be excluded from consumption.

Cheers

8 0
3 years ago
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