Answer:
A classified balance sheet is a class of balance sheet presentation that carefully displays all account balance listings into subcategories and in order of liquidity.
It is easier for a reader of the Account to follow the narrative and draw conclusions quickly, requiring less assumptions or queries from analysts over the qualification of the items.
Explanation
The balance sheet is contained in the attached document to preserve its form.
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Answer:
Some of the factors that influence the supply of a product are described as follows:
i. Price: ...
ii. Cost of Production:
iii. Natural Conditions:
iv. Technology:
v. Transport Conditions:
vi. Factor Prices and their Availability:
vii. Government's Policies:
viii. Prices of Related Goods
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Answer:
$1,248
Explanation:
The current premiums are $975, which is equivalent to 100%. The new premium will increase by 28%.
New premiums will be $975% plus 28%, which is equal to 128% of $975
= $975 x 128/100
=$975 x 1.28
=$1,248