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Dimas [21]
3 years ago
10

Comparing each item on a financial statement with a total amount from the same statement is referred to as

Business
1 answer:
Arada [10]3 years ago
8 0

Answer: vertical analysis

Explanation:

Vertical analysis is when each item on a financial statement is compared with a total amount from the same statement.

Vertical analysis refers to a financial statement analysis method whereby each line item in a statement is listed as a percentage of the base figure. In such case, each amount in the income statement will then be restated as a percentage of sales.

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Tomo, Inc. has prepared its third quarter budget and provided the following data:: Jul Aug SepCash collections $50,000 $39,600 $
dexar [7]

Answer:

The firm will needto borrow 6,500 to achieve their minimum cahs balance and pay  their budgeted expenditures

Explanation:

                       July

beginning          $     4,500

receipts                  $   50,000

disbursement+  $  (56,000)*

subtotal                  $     (1,500)

minimun                         $5,000

Financing needs: 5000 - (-1500)  = 6,500

payment/loan  $6,500

*sum of cash payment for purchase of materials, operating expenses and capital expenditures

3 0
3 years ago
If a development team member takes off during a Spring, it is expected that theother team members will pick up the slack for the
polet [3.4K]

Answer:

a. True

Explanation:

6 0
4 years ago
a simplified alternative to capitalization of net income that does not take into account bad debts or expenses is called?
mestny [16]

<u>Answer:</u>

The correct answer for this is: Gross Rent Multiplier.

<u>Explanation:</u>

The type of a simplified alternative to capitalization of net income that does not take into account bad debts or expenses is called Gross Rent Multiplier (GMR).

Gross Rent Multiplier is used to find the approximate net incomes that does not include any bad debts or expenses.

Also, it is considered as the quickest tool to estimate the values, such as of a building.

6 0
3 years ago
Suppose you purchase eight call contracts on Macron Technology stock. The strike price is $70, and the premium is $4. If, at exp
valina [46]

Answer:

$5,600

Explanation:

The computation of the call options worth is shown below:

= (Stock selling price - strike price) × size × number of contracts purchased

= ($77 per share - $70 per share) × 100 × 8 call contracts

= $7 per share × 100 × 8 call contracts

= $5,600

We assume the size is 100

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
For most high-income countries of the world, GDP _________________ over time.
Gwar [14]

Answer:

For most high-income countries of the world, GDP <u>HAS INCREASED GRADUALLY</u> over time.

Explanation:

Both GDP and GDP per capita has increased for almost all high income countries. Actually the only country in the world that was once rich and had a very high GDP and GDP per capita that turned into a developing country (AKA poor country) is Argentina. It is a unique case in all the world, since Argentina had the highest GDP per capita for 2 years (1895 and 1896) and continued to have a relatively high GDP per capita more than 60 years. Then political turmoil and corruption resulting in it falling from number one spot to number 73.

8 0
3 years ago
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