It's important because if you were to get used to doing "something wrong", you might as well go into the habit until you get caught. Besides, it's best to do the right thing.
Answer:
Trend- % change in sales = 34.64%
Explanation:
<em>Trend analysis entails determining the performance of a business over time by comparing its performance data from one period to another. The aim of trend analysis is to identify the behavior of a set of ratios over a period of time by comparing them across different years.</em>
To determine the trend for a particular data, we use the formula below
% Change in variable =
(Current year figure - Previous year figure)/Previous year figure × 100
DATA
Current year figure for sales (2017) - 450,000
Previous year figure for sale (2016) - 688,500
% change in sales = (450,000 -688,500)/688,500 × 100 = 34.64%
% change in sales = 34.64%
This implies that the company made sales in 2017 which is 34.64% less than that made in 2016
Answer:
This gives a net losses from discontinued of operations of $13.5m
After having deducted tax benefit of $4,5m
Explanation:
Kindly find attached spreadsheet showing of the computations from US GAAP's perspective
Mind the use of formulas highlighted before each calculation
Answer:
Option A is correct.
<u>A decrease in the Equity Investment account</u>
Explanation:
Dividend received amount decreases the investment account. Net income interest in investee account is added to the investment account.
Answer:
Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts
Explanation:
Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.
By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.
