Answer:
The correct answer is B. Trend analysis.
Explanation:
The trend analysis is the method of analysis that consists in observing the behavior of the different items of the Balance Sheet and the Income Statement, to detect some significant changes that may have their origin in administrative errors.
This method allows us to know the direction and speed of the changes that have occurred in the financial situation of the company over time, so it is considered as a method of horizontal analysis.
It helps us to detect failures; but it is only an exploratory method, so it is always necessary to investigate further to find the causes of the failures. It is necessary to determine the changes suffered in the balances of the financial statement items that we are interested in analyzing. The trend analysis allows us to know the financial development of a company.
The flow of money received on a sometimes a weekly, monthly, or yearly basis is known as SALARY.
Salary is the compensation employees received from their employers. It can be weekly, monthly, or yearly basis depending on the contract agreement between the two parties.
Answer:
a. If the interest rate was 8%, how much would you have been prepared to bid for the prize?
this is an ordinary annuity:
annual payment = $9,420,713 / 20 = $471,035.65
number of periods = 19 periods
interest rate = 8%
therefore, the present value annuity factor = 9.6036
the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638
b. Enhance Reinsurance Company was reported to have offered S4.2 million. Use Excel to find the return that the company was looking for.
using the IRR function in Excel, the return that Enhance was looking for was 9.05%
Answer: just get your parents to double check it and fix your spelling errors etc and turn in your final draft
Explanation:
