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3 years ago

Financial statement analysis

1 answer:

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Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity.

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Many fast-food restaurant chains like McDonald's will occasionally discontinue restaurants. What are some financial and non-fina

zloy xaker [14]

Answer:

Big chain restaurant industry is a profitable industry with many players to compete. It is facing slow growth in terms of increase of profits and thus most players are looking for international expansion. The domestic consumers have drifted away from the fast food restaurants and they are looking for variety and healthy options for eating out. The profit margins have been low as compared to the fine dining restaurant and thus they depend upon volume of sales rather than value of sales for making profits . There is an increased competition from many international cuisines especially Mexican and Chinese along with...

Explanation:

3 0

3 years ago

Name the five pairs of balance sheet and income statement accounts that require adjustment and indicate the amount of adjustment

AysviL [449]

Balance Sheet and income statement account include supplies, amount payable for interest and salaries.

<h3>What is a Balance Sheet?</h3>

Balance Sheet are financial statement that shows a company's assets and liabilities.

The pair of balance sheet and income Statement account that can require adjustment include,

Supplies of goods and services
Unearned Revenue
Salaries and Wages Payable
Interest Payable
Income Tax Payable Balance

This adjustment is dependent on the amount of increase or decrease that is made on the account.

Therefore, Balance Sheet and income statement account include supplies, amount payable for interest and salaries.

Learn more on balance sheet here,

brainly.com/question/25846533

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2 years ago

Carla has applied for a loan. Which condition makes it likely that she will get an unsecured loan?A.She has a very good credit h

dangina [55]

Answer:

The correct answer is A

Explanation:

Unsecured loan is the kind of loan which is not attached to any kind of collateral. The assurance which is required from the lender that the person will repay the debt, which is the person creditworthiness and on the words of the person.

The unsecured loans involve the student loans as well as personal loans. And credit cards is also the another kind of unsecured credit, referred to as revolving credit, where the person borrow and repay the money monthly.

So, Carla applying for the loan, the condition which make the loan likely is that she has a good credit history, in order to get the unsecured loan.

5 0

3 years ago

Read 2 more answers

Calculate the average and marginal tax rates in the following table. (Hint: Enter your answers as decimals and do not round when

Zigmanuir [339]

Answer:

1. a. Average Tax rate = 130/2,000 = 6.5%

Marginal Tax Rate = (130 - 0)/ (2,000 - 0) = 6.5%

b. Average Tax rate = 650/10,000 = 6.5%

Marginal Tax Rate = $\frac{650-130}{10,000-2,000}$ = 6.5%

c. Average Tax rate = 1,300/20,000 = 6.5%

Marginal Tax Rate = $\frac{1,300-650}{20,000-10,000}$ = 6.5%

d. Average Tax rate = 6,500/100,000 = 6.5%

Marginal Tax Rate = $\frac{6,500-1,300}{100,000-20,000}$ = 6.5%

2. The tax rates shown in this table are: <u>Proportional</u>

Proportional Taxes take the same percentage of income across all income groups.

3. A. True

4. Sean and Bob would both vote yes as the Marginal Benefit of the project exceeds their marginal cost but project will not be funded in the end as the Total Marginal Cost exceeds Total Marginal benefit. Sean and Bob may want to pay but Yvette will not.

5. If this same project were taking place in the private sector, a firm <u>would not</u> fund the project.

6. In private markets, decisions to provide goods or services to the market are generally made if marginal benefits <u>exceed</u> marginal costs

7. As a result, governments may approve projects whose costs <u>exceed</u> their benefits.

3 0

3 years ago

Some customers are __________, caring about new developments in their category and seeking out new products.

jeyben [28]

Answer:

Early adopters

Explanation:

Early adopters define to adopt a new product or technology introduced in the market place for the first customers or the new customers

Here the product or technology is the first time introduced in the market with a lot of expectations which could be in terms of sales, revenues, trust, satisfaction, etc

Therefore in the given situation, the early adopters should be chosen for the new developments in the products category

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3 years ago