Direct comments taken from another author may not need to be paraphrase in some instance but they must be put inside quotation marks, to show that they are not your own words and the statements must be referenced.
Only use direct comments when you have no other choice; it is better that you paraphrase the statements and cite the source.
Answer:
A) True
Explanation:
A horizontal financial analysis is used to compare different financial ratios between companies that belong to the same industry, e.g. profit margins, return on assets, return on investments, etc. It can help John and Elizabeth determine what factors have been important in the companies' performance, either for good or worse.
It helps to compare a company against its past performance or against the performance of its competitors.
The production of high-quality furniture and shipment to customers in other countries means Chaises is exporting its products.
<h3>What is exporting?</h3>
Exporting means the selling or trading of goods/ services from the home nation to a foreign country. Goods produced in a country and taken to another country for trade is known as export.
Exports are a function of global trade wherein goods made in one nation are transported to another nation for future trade or sell.
Exports are a critical component of a nation's economy, as the selling of such goods contributes to the manufacturing country's gross output.
Therefore, the above simple means that Chase’s chaises is exporting its products.
See link to a related question here : https://brainly.in/question/5585902
Answer:
$94,020
Explanation:
Calculation for the cost of the machine using the formula below:
Cost of the machine = New stamping machine - (New stamping machine × Discount percentage) + Transportation + Sales tax + Installation
= $87,000 - ($87,000 × 5%) + $3,000 + $6,520 + $1,850
= $87,000 - $4,350 + $3,000 + $6,520 + $1,850
= $94,020
Therefore, cost of the machine is $94,020
Answer: $1,996,440
Explanation:
From the information that have been provided in the question, the following can be used to solve the question further:
Direct materials will be:
= 381,000 × $1.80
= $685,800
Conversion will be:
= 381,000 × $3.44
= $1,310,640
The amount that should be reported in Finished Goods Inventory will be:
= $685,800 + $1,310,640
= $1,996,440