Answer: B)Subtracting the base period amount from the analysis period amount
Explanation:
The dollar change for a comparative financial statement item is calculated through the subtracting of the base period amount from the analysis period amount.
Therefore, based on the options given in the question, the right option is B as other options are wrong.
This assertion is true. In addition, the SEC has the remaining accountability to make certain that the FASB deals with troubles referred to it by the SEC.
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19 The SEC is guilty to Congress as it operates beneath the authority of federal legal guidelines inclusive of the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes-Oxley Act of 2002 (Sarbanes-Oxley Act), amongst others.
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Answer:
Average return for one year is 9.6 %
Explanation:
Computation of average return
Lets assume the cost of each share to be 100
Opening Growth Closing
Value % Value
Company A 50 % at 100 5,000 8 % 5,400
Company B 30 % at 100 3,000 12 % 3,360
Company C 20 % at 100 <u>2,000</u> 10 % <u>2,200</u>
Total values 10,000 10,960
Increase in value over base divided by base equals the average return
10,960 - 10,000 = 960/ 10000 = 9.6 % average return