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Flura [38]
2 years ago
11

What are some common reasons to keep records

Business
1 answer:
tangare [24]2 years ago
3 0
It’s very important to your business. Good records will help you do the following: Monitor the progress of your business.
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Perform a horizontal analysis providing both the amount and percentage change. (Round Percentage answers to 1 decimal place. Dec
True [87]

Answer:

Find attached

Explanation:

Horizontal or trend analysis involves is a financial statement analysis technique that shows the percentage change or dollar change in a corresponding financial statement's item.

For example, the change in the fixed assets by a way of increase or decrease compared to last year's financial statements.

Formula:

change in a particular line item=(current year amount/previous year)-1

Download xlsx
3 0
3 years ago
To maintain good citizenship as a company and to make a fair profit on current operations are examples of _____. values
Radda [10]
Those are examples of values.
Values is a set of standard that held by certain individuals or group that would be a crucial factor in creating their moral codes.
Different companies may held completely different values based on what they want to achieve as their goals and identity.
7 0
3 years ago
1.You should document your sources in all of the following situations except A. when using someone else's unique idea. B. when u
jeka94

2. A. Feasibility report

7 0
3 years ago
The information content of a dividend increase generally signals that: A. the firm has a one-time surplus of cash.B. the firm ha
Dovator [93]

Answer:

E

Explanation:

Dividends thereafter will be lower

3 0
3 years ago
Masterson Company's budgeted production calls for 71,000 units in April and 67,000 units in May of a key raw material that costs
Arte-miy333 [17]

Answer:

70,200 units

Explanation:

Calculation to determine the budgeted materials purchases for April

Using this formula

Budgeted material needed for april=April budgeted production calls +

+ (Ending inventory*Ending inventory percentage)- Beginning inventory

Let plug in the formula

Budgeted material needed for april= 71,000 + (67,000*20%) -14,200

Budgeted material needed for april= 71,000 + 13,400-14,200

Budgeted material needed for april= 70,200 units

Therefore the budgeted materials purchases for April is 70,200 units

4 0
2 years ago
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