Answer:
Exchange rate harmony
Explanation:
An exchange rate can be defined as the value of a nation's currency in terms of the currency of a different economic zone. Exchange rate harmony can be described as a relatively stable exchange rate that is experienced between countries.
Factors that could affect exchange rate in an economy include:
(1) High interest rates
(2) Trade balance
(3) Political stability of the country
(4) Presence of internal harmony
(5) High degree of transparency in government administrations
(6) General well being of the economy
Answer: Horizontal analysis
Explanation: In simple words, horizontal analysis refers to the comparison of performance of a single organisation in two years in which one year is taken as a base year.
Under such an analysis, an analyst compares all the aspects of the company to assess whether the company has increased or decreased its performance with respect to revenues, profits and expenses etc. Generally the data is shown as comparative analysis.
Thus, from the above we can conclude that the correct option is D.
Answer:
$211,260
Explanation:
Calculation for Angel's hypothetical tax expense in its reconciliation of its income tax expense
Using this formula
Angel's hypothetical tax expense=Pretax book income × Tax rate
Let plug in the formula
Angel's hypothetical tax expense=$1,006,000×21%
Angel's hypothetical tax expense=$211,260
Therefore Angel's hypothetical tax expense in its reconciliation of its income tax expense will be $211,260
Answer:
Informational
Explanation:
informational role of mangers in involves the manager being a monitor, dissemination and spokeperson.
Monitor : it involves gathering information about the state of an organization and the issues affecting it, such information could be internal or external.
Disseminator : involves receiving important information as well as disseminating such information when and if required.
Spoke person : Representing the organization both internally and externally.
Explanation:
The preparation of the income statement is presented below:
Jasper Company
Income Statement
Sales $3,770,000 (290,000 × $13)
Less: Cost of goods sold -$764,000 ($150,000 + $504,000 + $110,000)
Gross margin $3,006,000
Less: Operating expenses
Selling expenses -$437,000
Administrative expenses -$860,000
Total operating expenses -$1,297,000
Net income $1,709,000
We assume that the administrative expenses is $860,000