Cross sectional analysis involves the comparison of different firms' financial ratios at the same point in time.
Explanation:
Cross sectional analysis is that analysis where the comparison is done between different firms' financial ratios. Cross analysis is important in business because it does various research so that data can be collected based on many variables at a particular point of time.
Cross sectional analysis is mainly preformed in industries as well as performed during marketing research to verify the truth or false related to various assumptions. Cross sectional analysis is mainly quantitative or it can be mixed method.
Answer:
Total debt = $3,900,000
Explanation:
Total Assets = $5,200,000
Debt Ratio = 75%
Debt = 75% x $5,200,000
=$3,900,000
Hence, the 25% account for equity finance $1,300,000
Answer:
$17.97 per unit
Explanation:
Using weighted average method, Equivalent units = Units that are completed during the period + Equivalent units in process at the end of period.
Equivalent units = 8,500 + 2,000*90%
Equivalent units = 8,500 + 1,800
Equivalent units = 10,300
Cost per equivalent unit for materials = (Beginning costs + Current costs) / Equivalent units
Cost per equivalent unit for materials = ($13,000 + $172,100) / 10,300 units
Cost per equivalent unit for materials = $185,100 / 10,300 units
Cost per equivalent unit for materials = $17.97 per unit
Answer: a. it is for a public purpose.
Explanation:
According to the Modern Traditional theory on compensation which deals with the seizure of foreign-owned property by the government of the nation in which the property is located, the sovereign authorities may nationalize foreign-owned property if it is deemed to be for public use.
If the government has shown that nationalization is for the good of the nation, the theory espouses that it is allowed. They would however have to provide adequate compensation to those whom the property was seized from.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
