Answer:
E. January 1, 2017
Explanation:
Financial statements are prepared showing at least two years for the sake of comparability.
It will be important for the company in presenting its financial statement using the IFRS for the year ended December 31st 2018 to show the financial statements for the year ended 31st December 2017 as if it had always applied the IFRS.
The basic idea is to show in the financial statements the effects of adopting the IFRS from a preceding period in order for the entity to show the financial statement for 2017 and 2018 and be able to compare them having been prepared on the same basis.
Thus, the transition date will be the beginning of the preceding period when the IFRS was applied (1st Jan. 2017 oe 31st Dec. 2016).
I hope this explanation makes the concept easy to grasp.
Thank you.
Answer: There are basically 5 Types of trading and they are -:
1. Scalping
2. Day trading
3. Momentum
4. Swing
5. Position
Explanation:
Answer:
14% and 22%
Explanation:
The formula to compute the return on investment is shown below:
Return on investment = Net income ÷ Investment
The preparation of the return on investment analysis is shown below:
Fast & Great Burgers
Return on investment analysis
Numerator ÷ Denominator = Return on investment
Location A $70,000 ÷ $500,000 = 14%
Location B $44,000 ÷ $200,000 = 22%
The answer to this question will be A
The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.