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2 years ago

Using these data from the comparative balance sheet of Ramirez Company, perform horizontal analysis.

Business

1 answer:

7nadin3 [17]2 years ago

5 0

Answer:

Ramirez Company comparative balance sheet

2014 2013

Particulars Amount Percent Amount Percent

Accounts receivable 535,000 17.05% 450,000 16.62%

Inventory 792,000 25.24% 606,000 22.39%

Other Assets 1,811,000 57.71% 1,651,000 60.99%

Total assets 3,138,000 100% 2,707,000 100%

2014 Workings

Account receivables= 535,000 / 3,138,000 * 100 = 17.05%

Inventory= 792,000 / 3,138,000 * 100 =25.24%

Other Assets= 1,811,000 / 3,138,000 * 100 = 57.71%

2013 Workings

Account receivables= 450,000/2,707,000 * 100= 16.62%

Inventory=606,000/2,707,000 * 100= 22.39%

Other Assets=1,651,000/2,707,000 * 100= 60.99%

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2 years ago

A company’s total monthly sales (in millions of dollars) t months from now are given by:

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Answer:

a) $\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3$

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Explanation:

For this case we have the following function for the sales

$S(t) = 0.5 t^2 +3t -5$

Part a

For this case we want to find the derivate of S respect to t and we got:

$\frac{dS}{dt}=S'(t)= 2(0.5) t +3 = t+3$

Part b

For this case we want to find the value of S when t = 4 so if we replace we got:

$S(4) = 0.5*(4^2) +3(4) -5=15 million$

Part c

For this case we have the total sales $ 15 millions after t =4 months

Part d

For this case we just need to replace t=4 in the derivate and we got:

$S'(4) = 4+3 = 7 million$

Part e

This value represent the increase in the amount of sales in millions after t=4 months

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