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3 years ago

Horizontal analysis evaluates a series of financial statement data over a period of time:

Business

1 answer:

Neko [114]3 years ago

6 0

Answer:

C. to determine the amount and/or percentage increase or decrease.

Explanation:

Horizontal analysis is a method used in financial statement analysis to compare financial ratios, or line items, over a number of accounting periods.

Financial information can be compared with a benchmark.

By making this comparison, one can determine if financial information been compared have increased or deceased.

I hope my answer helps you

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Which of the following statements about fluctuating exchange rates and the related effects on companies competing in foreign mar

Elan Coil [88]

C. Companies that are manufacturing goods in a particular country and are exporting much of what they produce lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported to

Explanation:

Fluctuating exchange rates will cause companies that are manufacturing goods in a particular country and are exporting much of what they produce to lose out when that country's currency grows weaker relative to the currencies of the countries that the goods are being exported to.

If the currency of a country weakens compared to that of another country, the exchange power of such currency reduces.

It simply implies that more of the weak currency will have to be exchange for little of the stronger one.

In this context, comparison is drawn between exchange rates and companies in foreign markets.
For companies manufacturing their goods locally and exporting them, they have to pay more using their weak local currency to source for raw materials.
This will eventually tell on the cost of production of the goods.
To measure up, selling price of the exports will increase.
This can dissuade potential buyers from patronizing them in the foreign market. .
if they decide to keep selling at the previous price, loss can set in.

Learn more:

Inflation brainly.com/question/10432342

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4 0

3 years ago

Read 2 more answers

On January 1, 2009 the accounts receivable and the allowance for doubtful accounts carried balances of $20,000 (debit) and $500

denis23 [38]

Answer:

The net realizable value of receivables appearing on the 2009 balance sheet is $14,250

Explanation:

First, we need to calculate the balance of account receivables

Ending balance = Beginning Balance + Credit sales - Cash collected - Bad debt written off

Where

Beginning Balance = $20,000

Credit sales = $100,000 x ( 100% - 30% ) = $70,000

Cash collected = $74,550

Bad Debt written off = $550

Placing values in the formula

Ending balance = $20,000 + $70,000 - $74,550 - $550 = $14,900

Now, we need to calculate the balance of allowance for doubtful accounts as follow

Ending Balance = Beginning balance + Bad debt Expense - Bad debt written off

Where

Beginning balance = 500

Bad debt expense = $70,000 x 1% = $700

Bad debt written off = $550

placing values in the formula

Ending Balance = $500 + $700 - $550 = $650

Now calculate the balance of realizable value of account receivables as follow

Net realizable value of receivables = Ending balance of receivables - Ending balance of allowance for doubtful accounts = $14,900 - $650 = $14,250

6 0

2 years ago

A process of determining just how much value an organization's marketing activities create and their impact on the bottom line

3241004551 [841]

Answer:

B, corporate citizenship

Explanation:

Corporate citizenship also know as corporate social responsibility is defined as the contribution or impact or effect of a company's/organization's/firm's business has on its local community or the society as whole. This involves the company/firm investing in its community as a form of giving back to the community asides from the company's business interests.

Cheers.

6 0

3 years ago

An account balance is:Select one:a. The total of the credit side of the account.b. The total of the debit side of the account.c.

Umnica [9.8K]

Answer:

c. The difference between the total debits and total credits for an account including the beginning balance.

Explanation:

An account wil be a concept of reality represent under a given label which, contains information about transaction that modifies their valuation in the company.

This means, there is something that can be measure in a monetary units.

There are transaction which increase their total value

and transaction which decreases his value.

All those transaction combined generate an ending balance, which is the state of the account at the given date.

For example

Mechandise Inventory: this account represent the inventory ready to sale for the business.

purhcase of inventory increase this account

sales from the business activities decreases it.

the ending balance will be the net effect fo the purchase and sales.

5 0

3 years ago

I NEED HELP ehl oh ehl

Wittaler [7]

The price ceilings and price floors are the two main types of price controls.

<h3>What is price controls?</h3>

A price control is a mechanism employed by government to ensure that the price of a product or service does not go to high or low in the marjet.

The two type of price control is price ceilings and price floors. The price ceiling is used to set a maximum amount of product rpice while the price floors set the minimum amount of product price.