Answer:
C) to determine the amount and/or percentage increase or decrease that has taken place.
Explanation:
Horizontal analysis can be regarded as an approach which is been used in analyzing financial statements through making comparism between specific financial information for a particular accounting period along with the information from other periods. This approach is been used by Analysts to make analysis of historical trends.
It should be noted that Horizontal analysis evaluates a series of financial statement data over a period of time to determine the amount and/or percentage increase or decrease that has taken place.
Answer:
option d) approximately 84%
Explanation:
Data provided in the question:
Mean, m = $92
Standard deviation, s = $13
Now,
we have to calculate percentage of homes will have a monthly utility bill of more than $79 i.e P(X > 79)
also,
P( X > 79) = 1 - P( X < 79)
Z-score for (X = 79 ) = 
Z = 
or
Z = -1
From the standard Z value vs P table, we have
P( Z < -1 ) = 0.1587
Thus,
P( X < 79) = P( Z < -1 ) = 0.1587
therefore,
P(X > 79) = 1 - 0.1587
or
P(X > 79) = 0.8413
or
= 0.8413 × 100%
= 84.13%
Hence,
option d) approximately 84%
Answer:
double declining balance method
Explanation:
Depreciation is an accounting tool to allocate the cost of a long-term asset over time. The reasoning behind is the matching principle. If we associate the entire purchase value at the very first moment, then, one accounting period is taking a hit for an asset that will be use over several accounting periods.
The double declining method applies a rate twice as the straight-line method.
This is applied at the carrying value of the assets (book value) every year for each year of useful life.
The total amount of money being transferred into and out of a business
Im guess it would be 20,000 but im not positive
