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Semenov [28]
3 years ago
6

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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Rom4ik [11]
Consumer demand, Opportunity cost
7 0
3 years ago
Read 2 more answers
(a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough
gizmo_the_mogwai [7]

Answer:

(a) The deposit should be <u>$168.06 </u>quarterly.

(a) The deposit should be <u>$145.32 </u>quarterly.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

An investor needs $11,000 in 19 years.

(a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough money in the fund?

(b) Find the investors quarterly deposit if the money is deposited at 9.4% compounded quarterly.

The explanations to the answers are now given as follows:

(a) What amount should be deposited in a fund at the end of each quarter at 7% compounded quarterly so that there will be enough money in the fund?

Since the amount should be deposited in a fund at the end of each quarter, the formula for calculating the Future Value (FV) of an Ordinary Annuity is used as follows:

FV = M * {[(1 + r)^n - 1] / r} ................................. (1)

Where,

FV = Future value of the amount needed in 19 years = $11,000

M = Quarterly deposit = ?

r = Quarterly interest rate = 7% / 4 = 0.07 / 4 = 0.0175

n = number of quarters the deposits will be made = 11 * 4 = 44

Substituting the values into equation (1) and solve for M, we have:

11,000 = M * {[(1 + 0.0175)^44 - 1] / 0.0175}

11,000 = M * 65.4531536741798

M = 11,000 / 65.4531536741798

M = $168.06

(b) Find the investors quarterly deposit if the money is deposited at 9.4% compounded quarterly.

We make use of equation (1) in part (a) as follows:

Where,

FV = Future value of the amount needed in 19 years = $11,000

M = Quarterly deposit = ?

r = Quarterly interest rate = 9.4% / 4 = 0.094 / 4 = 0.0235

n = number of quarters the deposits will be made = 11 * 4 = 44

Substituting the values into equation (1) and solve for M, we have:

11,000 = M * {[(1 + 0.0235)^44 - 1] / 0.0235}

11,000 = M * 75.6957891651599

M = 11,000 / 75.6957891651599

M = $145.32

7 0
3 years ago
price of bread increases. if peanut-butter is a complement, we would expect to see group of answer choices caramel's quantity de
Angelina_Jolie [31]

Price of bread increases. if peanut-butter is a complement, we would expect to see caramel's quantity demand decrease.

The amount of bread demanded will decline as bread prices rise. The cost of bread will rise in tandem with the rise in demand. Keep in mind that peanut butter and jelly go well together.

Even though the price of jelly remained the same, we are eating less jelly because we are eating less peanut butter. Jelly's popularity declines (jelly demand curve shifts inward).

For peanut butter, the income elasticity is -3. According to this, peanut butter is a subpar product. Any good with a negative income elasticity is subpar because you consume less of it as income levels rise. The amount supplied will eventually reach zero.

To know more about  complement product, refer:

brainly.com/question/10423146

#SPJ4

3 0
1 year ago
the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.
Katen [24]

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.  

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

Learn more in brainly.com/question/5992626

4 0
2 years ago
Henry wants customers in his specialty tobacco store to feel at home, as if they were in their personal smoking den. He uses lig
garik1379 [7]

Answer:

Promotion.

Explanation:

The aim of promotion is to increase awareness, create interest, generate sales or create brand loyalty. Promotion is also one of the elements in the promotional mix or promotional plan.

3 0
3 years ago
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