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
nasty-shy [4]
2 years ago
6

Perform a horizontal analysis on the following information providing both the dollar amount and percentage change.

Business
1 answer:
Vera_Pavlovna [14]2 years ago
6 0

Answer and Explanation:

The computation of the percentage of each amount is as follows;

<u>Particulars         2020               Change               Percentage of change </u>

                                a                         b                         (b ÷ a) × 100

Cash             $170,000       $500,000            294%

Accounts Receivable $710,000 $270,000            38%

Inventory                $520,000    $190,000             37%

Long Term Assets  $2,100,000 -$200,000         -9.52%

Total Assets          $3,500,000   $760,000           21.71%

You might be interested in
Keidis Industries will pay a dividend of $3.55, $4.65, and $5.85 per share for each of the next three years, respectively. In fo
german

Answer:

price = $47.82

Explanation:

Find the present value of each dividend at the required rate of return and sum them up to get the current price;

PV = FV /(1+r)^n

PV(D1) = 3.55/ (1.099^1) = 3.2302

PV(D2) = 4.65/ (1.099^2) = 3.8500

PV(D3) = 5.85 / (1.099^3) = 4.4072

PV(Price at t=4) = 53 / (1.099^4) = 36.3316

Price = 3.2302+2.9392+4.4072+36.3316

= 47.81897

Therefore, price = $47.82

8 0
3 years ago
When creating your résumé, you should
charle [14.2K]

Answer:

D

Explanation:

I cannot explain

8 0
3 years ago
Read 2 more answers
Becker Bikes manufactures tricycles. The company expects to sell 540 units in May and 670 units in June. Beginning and ending fi
vaieri [72.5K]

Answer:

Explanation:

Sales budget for may = 540

Sales budget for June = 670

Opening inventory for may = 190

Closing inventory for May = 155

Production in may =( 190+540)-155=575

Opening inventory in June = 155

Closing inventory = 165

Production in June = (155+670)-165=660

May material needs = 3(575+ (20%*660)

=3*707=2121 wheels

2121*24=$50,904

June material needs =3(660+(20%*640)

3*788=2364

2364*24=$56,736

7 0
3 years ago
In which of the following scenarios would you have the most money at the end of the year? 3% compounded yearly 2% compounded mon
larisa [96]
3% compounded yearly<span />
4 0
3 years ago
Read 2 more answers
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that a
victus00 [196]

Answer:

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that P = ATC, P>ATC, MR =MC, or MR>MC at the optimal quantity.  Furthermore, the quantity the firm produces in long-run equilibrium is the efficient scale. True False

This indicates that there is a markup on marginal cost in the market for shirts. True False

Explanation:

In the long run, monopolistically-competitive entities produce at a level where marginal cost and marginal revenue are equal. This makes it impossible for individual companies to sell their products at prices above the average cost. This situation means that monopolistically-competitive companies will always earn zero economic profit in the long run.

3 0
3 years ago
Other questions:
  • there is one gas station in a small rural town. the owner of the station claims that he will sell the same quantity of gas, no m
    11·1 answer
  • A firm that would like to develop a global supply chain would: Manufacture components or supplies in other countries. Sell raw m
    12·1 answer
  • A(n) _____________ is a spending plan that allows you to estimate how much money you will need for expenses during a specific pe
    13·1 answer
  • When a student enters college, tuition is the
    5·2 answers
  • Due to increased mailing costs the new rate will cost $54 million this is 12.9% more than they paid the previous year. How much
    5·1 answer
  • What are all of the private loans that people have that aren't secured by real estate?
    5·1 answer
  • An increase in the money supply will have the greatest effect on real gross domestic product if
    14·1 answer
  • Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5
    6·1 answer
  • If the government quit subsidizing a product, consumer surplus would _____ and producer surplus would _____.
    6·1 answer
  • Sugarland Company is using new cost drivers for its accounting system. One driver material handling for unit variable costs and
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!