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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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In this market research step, the best solution is recommended along with the reasons why it is the best option:

Anna007 [38]

Answer:

Explanation:

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3 years ago

Multiple Select Question Select all that apply Bad Debt Expense ______. (Check all that apply.) Multiple select question. should

Olegator [25]

Bad Debt Expense is a cost of extending credit to customers is based on actual events and does not require estimation is an estimate.

When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
Big Store stops paying its debts and fails to reimburse Company XYZ for goods valued at $100,000. Company labels the $100,000 as a bad debt because it has little faith that Big Store will ever make good on its obligations.
When a customer's repayment of previously granted credit is thought to be uncollectible and is therefore recorded as a charge off, a business incurs a bad debt expense.
Bad debt charges are categorized as operating costs and are typically listed under selling, general, and administrative costs on your company's income statement.

Thus this is the answer.

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2 years ago

Roman buys seed packets for the school garden. One packet of radish seeds costs $1. 75. One packet of tomato seeds costs $2. 50.

bezimeni [28]

Roman may buy 23 tomato and 9 radish, for the school garden.

<h3><u>Calculation:</u></h3>

Let (r) represent the cost of one packet of radish seeds, and

Let (t) represent the cost of one packet of tomato seeds.

Amount spent by roman = $62.75

It denotes that;

$\ 1.75r +2.5t = 62.75.......equn. 1$

Roman bought 32 packets of seeds and one packet of radish seeds costs = $ 1.75.

One packet of tomato seeds costs = $ 2.50.

It denotes that,

$\ r+t=32.....equn.2$

Substitute t=9 , and r= 23, we have

In eq. 1

$\ = 1.75\times9 + 2.5\times23 = 62.75\\ = 15.75+57.5 \neq 62.75 \\ = 62.75 = 62.75$

In eq.2

$\ =32=23+9 = 32\\$

Here, both the equations are satisfied, therefore, option [C] is correct.

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2 years ago

Carl Sonntag wanted to compare what proceeds he would receive with a simple interest note versus a simple discount note. Both ha

nadya68 [22]

Answer:

The proceeds from the simple discount note is $16380 , while that of simple interest is $19500

Explanation:

Simple discount notes could likened to a bank loan where interest on the loan is taken from the borrowed funds before disbursement to the loan's beneficiary,hence proceeds from such notes is face value of the notes less interest taken in advance.

While on the other hand,the proceeds from simple interest note is par or face value.

The discount or interest is =8%*$19500=$1560 for one year,but $3120 for two years($1560*2)

The proceeds on the simple discount note =$19500-$3120

=$16380

The proceeds on the simple interest note is face value of $19500

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3 years ago

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2 years ago