Answer:If the firm had sharp seasonal sales patterns, or if it grew rapidly during the year, many ratios would most likely be distorted.
Explanation: Fluctuations in Economics patterns have distorting effects on the ratios of a company or an economy especially if the the seasonal patterns has been consistent for a certain period. THE VALIDITY OF MOST RATIOS ARE SEVERELY AFFECTED BY SHARP CHANGES WHICH MAKES ECONOMIC WATCHERS FEEL THE RATIOS ALREADY ANALYSED ARE NOT VALID.
A consistent flow pattern is desired in an economy and in business Organisation as it helps to give Economic watchers enough confidence in the ratios already existing.
Expenses decreases retained earnings; therefore, to increase any expense, one would debit the expense account
What does retained earnings mean?
Retained earnings are profits retained in the business for reinvestment and for expansion purposes, in essence, expenses would reduce the retained earnings, the higher the expenses, the lesser the retained earnings become.
From a double entry point of view, an increase in expenses would be debited to expense account and a decrease is credited instead.
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Answer:
<u> Assets = Liabilities + Equity </u>
1) 15,000 0 15,000
2) 9,000 9,000 0
3) 1,200 1,200 0
4) 2,400 2,400 0
5) (12,000) 0 0
12,000 0 0
6) 3,000 0 3,000
7) (4,000) (4,000) 0
8) (2,400) (2,400) 0
9) 0 (1,200) 1,200
10) (1,000) 0 (1,000)
TOTALS 23,200 5,000 18,200
Let n represent the number of years watching TV.
Then let sleeping represent as n+19.
Solution for this problem is:
<span>
n+n+19=33</span>
<span>
2n=14</span>
n = 14 divided by 2
<span>n=7
</span>
7 years are spent watching TV while 26 years are spent in sleeping.
Other solution:
To figure out how many years you spend sleeping and watching
TV, you first need to take the number in total, which is 33, and subtract the
number that you will exceed sleeping.33 – 19 = 14. Now that you have the number
14, you can see that 14 divided in 2 = 7. 7 +19 = 26. This leaves you with a
remainder of 7 hours watching TV and 26 hours sleeping. 26 is 19 greater than
7. 7 + 26 = 33.
An example is the purchase of insurance policy. Make sure it's safe before doing it, because you never know what can happen! :3
-Mabel <3