1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetoff [14.1K]
3 years ago
13

Financial statement analysis: Multiple Choice is primarily used to identify account values that meet the normal standards. is li

mited to internal use by a firm's managers. provides useful information that can serve as a basis for forecasting future performance. provides useful information to shareholders but not to debt holders. is enhanced by comparing results to those of a firm's peers but not by comparing results to prior periods.
Business
1 answer:
Vedmedyk [2.9K]3 years ago
5 0

Answer:

The correct answer is the third option: Provides useful information that can serve as a basis for forecasting future performance.

Explanation:

To begin with, the name of "Financial Statement Analysis" refers to a process done by the managers of a company in the field of businesses that focus primarily in the observation of the financial accounts that the organizations has in order to be able to determine better decision so that they could earn better profits in the future avoiding mistakes previously done. Therefore that this type of analysis has the purpose of providing useful information for the managers so that they can establish better ways of acting and performing in the field.

You might be interested in
Last year's asset turnover ratio was 2.0. Sales have increased by 25% and total assets have increased by 10% since that time. Wh
Dmitriy789 [7]

Answer: d. 2.27

Explanation:

Asset Turnover = Total sales / Average Assets

Last years turnover ratio was 2.0 so assume Sales were $20 and Assets were $10 which would give the turnover of 2.0

The new turnover would be;

= (20 * 1.25)/(10 * 1.1)

= 25/11

= 2.27

6 0
3 years ago
As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
docker41 [41]

Answer: Option B  

Explanation: In simple words, Information management refers to the governance of the information assets of the organisation.

Under this, the managers collects the information,that is useful to various stakeholders, from several different resources and then distributes it those stakeholders.

In the given case, Kristin is also managing the information that is useful to the organisation.

Hence the correct option is B.

4 0
3 years ago
Jorge has $300 for work he performed. He expects to spend the money in the next few weeks to buy a new bike. Which type of accou
salantis [7]
The correct option is D.
Checking account is appropriate for Jorge in this situation because he plans to remove the money from his account in a few weeks time.
The major difference between saving account and checking account is that, saving account is majorly used to save and accumulate money for a medium or long time goals or for emergencies. The banks can count on the money staying in saving account for some time and a great part of it is not hold on reserve.
But a checking account is an instant access account. Money put in this account are usually hold in reserve by the banks because the owners can decided to withdraw at any time; banks can lend out money from checking accounts, so they make money on the accounts by charging fees.
4 0
3 years ago
Suppose that you were born in 1998. also, suppose that your mother received a $100 baby shower gift at your birth. how much woul
Aliun [14]
Using the cpi in 2013, of 233 and in 1998 of 163, divide 233/163=1.43 x 100=$143 the cost in 2013 of the same baby shower item as in 1998. In other words the purchasing power of the $1 decreased over this time period to account for this. 
7 0
3 years ago
A building with an appraisal value of $128,156 is made available at an offer price of $153,050. The purchaser acquires the prope
elena55 [62]

Answer:

$117,201

Explanation:

Calculation for what The cost basis recorded in the buyer's accounting records to recognize this purchase is

Using this formula

Cost basis=Cash+Note payable+Mortgage

Let plug in the formula

Cost basis=$32,829+$26,957+$57,415

Cost basis=$117,201

Therefore The cost basis recorded in the buyer's accounting records to recognize this purchase is $117,201

7 0
3 years ago
Other questions:
  • A benefit of using GDP per capita instead of GDP is that GDP: takes into account the size of the population when measuring the v
    8·1 answer
  • Discuss the effectiveness of the human resources function at your organization or at one with which you are familiar. What, if a
    11·1 answer
  • In the united states, about what percentage of the labor force performs tertiary sector work?
    15·1 answer
  • The Danser Corporation expects to generate sales equal to $30,000 in January, $33,000 in February, and $38,000 in March. Twenty
    12·1 answer
  • A company enters into a short futures contract to sell 5000 bushels of wheat for 571'4 cents per bushel. The initial margin is $
    11·1 answer
  • Economic integration is a process of eliminating restrictions on international trade, payments, and factor mobility. Economic in
    14·1 answer
  • The buyers purchased a residence for $195,000. They made a down payment of $25,000 and agreed to assume the seller's existing mo
    6·1 answer
  • Nathan noticed that a company that has great potential just declared a​ ________ because its stock price was getting too high fo
    11·1 answer
  • Merton's Toothpaste has been the leader of dental care products for about 40 years. However, this company relied too long on its
    12·2 answers
  • Carlos bought a building (AB) for $113,000 in 2014. He added an leasehold improvements addition to the building for $26,000. In
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!