34.0% 32.7% 22.8% 11.3% 0.0% 100.0% (in millions) Most recent Year Percent 33.5% 33.2% 21.6% 12.4% 0.1% 100.0% Comparing line items in two or more financial statements using horizontal analysis is a technique for analysing financial statements.
What are the lines in comparison items ?Comparing line items in two or more financial statements is done using this type of financial statement analysis. The amount changes of related financial statement items are compared over time in a horizontal analysis.
The example supplied uses the base year from the preceding year for the horizontal examination of the regional segment revenues. According to the data, total sales were $80,340 million the previous year and $78,000 million the most recent year, which is a $2,340 million or 2.9% decline.
Similar to how sales at KFC, Pizza Hut, and Taco Bell changed, KFC's sales rose by $2,617 million or 3.4%, Pizza Hut's fell by $3,700 million or 7.2%, and Taco Bell's rose by $2,378 million or 8.9%. In both years, India's sales remained unchanged.
Total sales decreased by $2,019 million or 0.9% from the preceding year's $236,160 million to the most current year's $234,141 million. Vertical analysis is a technique for analysing financial statements that compares several components of the same financial statement. Comparing several components within the same financial statement is done using this type of financial statement analysis.
In a vertical analysis, the Vertical analysis evaluates how large certain line items are in relation to one another in a financial statement. The vertical analysis of the regional segment revenues for the two years is shown in the example.
According to the data, China accounted for 33.5% of sales in the most recent year and 34.0% in the previous year. In the previous year and the most recent year, KFC sales made up 32.7% and 33.2% of all sales, respectively.
In the previous year and the most recent year, Pizza Hut sales made up 21.6% and 22.8% of all sales, respectively. In the previous year and the most recent year, Taco Bell's sales made up 11.3% and 12.4% of all sales, respectively.
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Which situations best demonstrate likely tasks for Business Financial Management workers? Check all that apply.
Marcy helps a family create a budget that allows them to save up for buying a house.
Caleb researches possible cases of fraud and takes notes on what he finds out.
Selena processes customer transactions at a bank.
Jung creates a report with charts to show how a company's money is being spent.
Owen sells automobile insurance policies to people.
Alonzo advises companies about investment strategies.
Answer:
its
b, the caleb one
d, the jung one
d, the Alonzo one
Caleb investigates potential fraud situations and makes notes on his findings. In order to show how a company's money is being spent, Jung develops a report using charts. show potential tasks for those working in business financial management. Thus option (B, C) is correct.
What is management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
Managing telephone costs, employing new employees, purchasing facilities, creating project budgets, etc. are a few examples of financial management for a corporation or firm. financial administration
Therefore, Thus, option (C) is correct.
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the sum of equipment depreciation charges at any point in time which, when subtracted from the initial cost of the equipment, gives its _______ value at that point. (1 point)
The total equipment depreciation costs at any given moment, which, when deducted from the equipment's starting cost, yields the equipment's book value at that time.
Book value refers to the net value of an asset that is reflected in a company's financial statements. It is calculated by subtracting the accumulated depreciation of the asset from its original cost.
Depreciation is the process by which the value of an asset is gradually reduced over time due to wear and tear, obsolescence, or other factors. Equipment depreciation charges are a way to account for the reduction in the value of equipment over its useful life.
To calculate the book value of the equipment at any point in time, the total accumulated depreciation charges up to that point are subtracted from the original cost of the equipment. This gives the net value of the equipment that is reflected in the company's financial statements.
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Most real estate agencies are created by what?
More job opportunities open up in the South, prompting labor supply curves in northern states to __________ and in southern states to __________.
More job opportunities in the South would likely prompt the labor supply curves in northern states to shift to the left (decrease) and in southern states to shift to the right (increase).
This is because workers in northern states may be incentivized to move to the South to take advantage of the new job opportunities, which would decrease the labor supply in northern states. On the other hand, the increased job opportunities in the South would attract more workers, which would increase the labor supply in southern states.
This would result in a rightward shift in the labor supply curve for Southern states, which would increase employment levels and potentially lower wages.
The net effect of the increase in job opportunities in the South would be to raise wages in both regions, but the impact on employment levels would differ depending on the relative magnitude of the shifts in labor supply and demand curves in each region.
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Does anyone want to be saved and acceot the lord jesus christ to come into your heart if you do please say these words out loud.
Lord I admit to you that I am a sinner, but i ask you to please forguve me from all of my sins. Lord god I repent and I turn away from them and never go back. Lord gold fill me with you Holy Spirit. Amen
Now from this day on read your bible and pray and talk to the Lord.
If you have done these things write back Remeber Jesus Loves You And I do To
Answer:
nah im goood
Explanation:
i dont feel like asking him to "forguve me from all of my sins"
very proud of u for sharing the good news and ik our Lord is too! don’t let those ppl discourage u! have a blessed day
What are the 6 key stages of purchasing a product or service?
Answer:
Problem Recognition.
Information Search.
Evaluation of Alternatives.
Purchase Decision.
Purchase.
Post-Purchase Evaluation.
Explanation:
Hoped this Help!
Changes to current assets and current liabilities require adjustment of net income under the indirect method because?.
'Changes to current assets and current liabilities require adjustment of net income under the indirect method because of Gains on the sale of long-term assets.
In accounting terms, current liabilities are often understood to mean all of a company's liabilities that are paid in cash within a particular company's fiscal year or business cycle, whichever is longer.
Current liabilities are short-term financial obligations of companies that mature within one year or within normal business cycles. The operating cycle, also known as the cash conversion cycle, is the time it takes a company to purchase inventory and convert sales into cash.
Examples of current liabilities shown on the balance sheet include accounts payable, salaries payable, payroll taxes, expenses payable, bills payable, income taxes, interest payable, interest payable, utilities, rent, and other.
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(a) Francis, aged 17, was preparing to take his ICA examinations. He agreed to pay Osei, a tutor, GHC200.00 for private tuition, and ordered textbooks to the value of GHC100.00 from his friend Eric. Francis then changed his mind and told Osei and Eric that he would not require either the tuition or the books. Osei has prepared notes especially for Francis, and Eric has bought the books from the institute. Advise Osei and Eric. (b) Mr. and Mrs. Gyamfi, husband and wife from Ghana visited Los Angeles for a vacation. Mr. Gyamfi left the wife behind on health grounds. He promised to pay her GHS100 a month as maintenance. Mr. Gyamfi could not fulfilled his promise and later the marriage ended in divorce. The wife is contemplating suing for the monthly allowance and has consulted you for advice. Advice Mrs Gyamti.
ICAEW examinations, commonly known as ICA examinations, are professional accounting exams administered by the Institute of Chartered Accountants in England and Wales.
Francis, a student preparing for his ICA examinations, initially agreed to pay a tutor, Osei, GHC200.00 for private tuition and ordered textbooks worth GHC100.00 from his friend Eric. However, Francis later changed his mind and informed both Osei and Eric that he no longer requires their services or the books. Osei, who prepared notes for Francis, may request compensation for his time and effort.
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even where imitation is possible, a firm may gain advantage from being the first to introduce an innovative product because of; Multiple Choice
all of the other answers are correct.
long-lasting brand-name recognition.
a time lag between innovation and imitation by rivals.
trade secrets that limit the ability of rivals to exactly imitate the product.
Even where imitation is possible, a firm may gain an advantage from being the first to introduce an innovative product because of Option A. All of the other answers are correct.
Being the first to introduce an innovative product can provide a firm with several advantages, including long-lasting brand-name recognition, a time lag between innovation and imitation by rivals, and trade secrets.
Long-lasting brand-name recognition is one of the most significant advantages of being the first to introduce an innovative product. By being the first, the firm can establish itself as a leader in the market and gain a significant share of the market. This can create a strong brand image that can be difficult for competitors to overcome.
Trade secrets can also provide a significant advantage to the first firm to introduce an innovative product. By keeping key aspects of the product confidential, the firm can prevent competitors from exactly imitating the product. This can help maintain the firm's market position and prevent competitors from eroding its customer base.
In conclusion, being the first to introduce an innovative product can provide a firm with several advantages, including long-lasting brand-name recognition, a time lag between innovation and imitation by rivals, and trade secrets that limit the ability of rivals to exactly imitate the product. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
even where imitation is possible, a firm may gain advantage from being the first to introduce an innovative product because of; Multiple Choice
A. all of the other answers are correct.
B. long-lasting brand-name recognition.
C. a time lag between innovation and imitation by rivals.
D. trade secrets that limit the ability of rivals to exactly imitate the product.
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You can obtain any
through a loan,
borrowed money, or cash on hand.
A. business
B. asset
C. liability
D. employee
Answer:
C
Explanation:
Hope it's right
You are told that if you invest $11,000 per year for 23 years( all payments made at the end of each year) you will have accumulated $366,000 at the end of the period What annual rate of return is the investment offering.
Answer:
3.2%
Explanation:
this is an ordinary annuity:
future value of an ordinary annuity = annual payment x future value annuity factor
$366,000 = $11,000 x future value annuity factor
future value annuity factor = $366,000 / $11,000 = 33.2727
you can solve this in two ways:
the first is with a lot of math work in order to solve the following equation
33.2727 = [(1 + i)²³ - 1] / i
or
you can use an annuity calculator (available online) which will yield 3.2%
Bob and carol refinanced their ole reidence valued at 500,000 in 2022 how to do refinancing arrangement they refinance date 300,000 he didn’t need for 400,000 receiving 100,000 in cah that they ued to pay for their daughter wedding. What percent of the entrie they pay all the refinance property are they able to deduct?
The percentage that is deductible is calculated based on the sum obtained through the refinancing arrangement, which is C. 75%
Refinancing, also referred to as a "refi," is the process of altering the conditions of an existing credit agreement, usually one involving a loan or mortgage. When a person or business decides to refinance a debt, they essentially want to change the interest rate, the repayment schedule, and/or other contract terms in a way that is advantageous to them. If approved, the borrower receives a new contract in place of the original one. Borrowers usually choose to refinancing when the interest rate environment dramatically changes since they may be able to save money on their loan payments under the terms of the new contract.
Question
Bob and carol refinanced their ole residence valued at 500,000 in 2022 how to do refinancing arrangement they refinance date 300,000 he didn’t need for 400,000 receiving 100,000 in cash that they used to pay for their daughter wedding. What percent of the interest they pay on the refinanced property are they able to deduct?
A) 25%
B) 50%
C) 75%
D) 100%
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Which of the following characteristics is least unique to a market system?
A. the widespread use of money
B. freedom of enterprise and choice
C. private ownership of property resources
D. competition among buyers and sellers pursuing monetary returns
The characteristic least unique to a market system is the widespread use of money.
While all the characteristics listed (widespread use of money, freedom of enterprise and choice, private ownership of property resources, competition among buyers and sellers pursuing monetary returns) are important aspects of a market system, the widespread use of money is the least unique. Money is a medium of exchange that facilitates transactions in various economic systems, not just in market systems. Other economic systems, such as command economies, may also utilize money for transactional purposes. In contrast, the remaining characteristics (freedom of enterprise and choice, private ownership of property resources, competition among buyers and sellers pursuing monetary returns) are more closely associated with the fundamental principles and dynamics of a market system.
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the __________ consists of the heads (the secretaries) of the executive departments together with other top officials accorded similar rank.
The Cabinet consists of the heads (the secretaries) of the executive departments together with other top officials accorded similar ranks.
A Cabinet is a group of high-ranking government officials, usually composed of the heads of government departments or ministries. They are sometimes referred to as ministers, secretaries, or (in some cases) state counselors. Cabinets are usually established by the executive branch of the government and are responsible for implementing and enforcing government policies and laws. In the United States, the Cabinet is an advisory body composed of the heads of the executive departments and other high-ranking officials chosen by the President. The Cabinet serves as the President's chief advisor and is responsible for managing and executing various government programs and policies.
In conclusion, the Cabinet is a critical component of many governments worldwide, and its members play an essential role in shaping government policies and laws. It's a group of high-ranking officials chosen by the President to help manage and execute government programs and policies.
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guysss i need helpppp
what color is a carrot plzzzzzz this teacher is on my a.ss about it
Answer:
BLUE Hope this helps :)))))
Explanation:
............
Answer:
totally megenta
Explanation:
☺️☺️☺️☺️☺️☺️☺️☺️
Exports only account for a small percentage of u. S. Business for which two reasons?.
Companies are unfamiliar with opportunities. Companies are intimidated by language, culture and currency differences.
What percentage of U.S. businesses export?Currently, over 166,384 small enterprises export from the United States, making up about 96% of all exporters and 26% of total exports ($341 billion of $1.32 trillion) (166,384 of 173,459 exporters). Exports only account for a small percentage of U.S.Business.Companies are unfamiliar with opportunities. Companies are intimidated by language, culture and currency differences.For companies of all sizes, exporting can be profitable.Sales generally increase more quickly, more jobs are added, and employees make more money than in non-exporting businesses.Advantage in the marketplace.The United States is renowned throughout the world for its innovative products and services, excellent customer support, and ethical corporate methods.To learn more about U.S. businesses export refer
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Philosophers who have been studying entrepreneurs found that successful entrepreneurs all over the world have some characteristics in common. True or False
Answer:
TRUE
Explanation:
Answer:
True
Explanation:
It doesn't matter where they are; they are all doing the same thing and therefore have at least some similar characteristics to one another.
an adjusting entry for prepaid expenses results in an increase (a debit) to an expense account and a decrease (a credit) to an asset account."" explain in your own words the purpose of this entry.
Option D: A debit (or rise) is made to the expense account and a credit (or decrease) is made to the asset account as a result of an adjusting entry for prepaid expenses.
Use modifying entries to record prepaid expenses that turn out to be actual expenses. Reduce your Prepaid Expense account as you utilise the prepaid item, while increasing your actual Expense account. Debit your Expense account and credit your Prepaid Expense account to accomplish this.
The prepaid asset account on the balance sheet first records the prepaid expense as a current asset if it won't be incurred for at least a year. In the event that expenses are incurred, the prepaid asset account is decreased and an entry is made to the expense account on the income statement.
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Complete question is:
The adjusting entry for a prepaid expense includes a debit to a(n) _____ account and a credit to a(n) _____ account.
a. liability; revenue
b. asset; expense
c. revenue; liability
d. expense; asset
Problem 13-2A Part 1 Required: 1. Complete the below table to calculate each year's current ratio. Current Ratio Choose Numerator: I Choose Denominator: = / = 2019 1 = 2018 / = 2017 1 = Current ratio Current ratio 0 to 1 0 to 1 0 to 1 KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2018 2017 2019 $553, 014 $423, 654 $294, 000 332, 914 269, 020 188, 160 220, 100 154, 634 105, 840 78,528 58,464 38,808 49,771 37,282 24,402 128, 299 95, 746 63, 210 91, 801 58,888 42, 630 17, 075 12, 072 8,654 $ 74, 726 $ 46,816 $ 33,976 2018 $ 52,905 $ 35, 410 0 700 99, 779 90, 724 $152, 684 $126, 834 $ 22, 292 $ 18,898 72,000 72,000 9,000 9,000 49, 392 26,936 $152, 684 $126, 834 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total expenses Income before taxes Income tax expense Net income Assets Current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2017 $ 47,334 4,300 53, 448 $105, 082 $ 18,389 54,000 6,000 26, 693 $105, 082
Given, KORBIN COMPANY Comparative Balance Sheets December 31, 2019, 2018, and 2017 2019 2017 $ 47,334 4,300 53, 448 $105, 082 $ 18,389 54,000 6,000 26, 693 $105, 082
KORBIN COMPANY Comparative Income Statements For Years Ended December 31, 2019, 2018, and 2017 2018 2017 2019 $553, 014 $423, 654 $294, 000 332, 914 269, 020 188, 160 220, 100 154, 634 105, 840 78,528 58,464 38,808 49,771 37,282 24,402 128, 299 95, 746 63, 210 91, 801 58,888 42, 630 17, 075 12, 072 8,654 $ 74, 726 $ 46,816 $ 33,976 2018 $ 52,905 $ 35, 410 0 700 99, 779 90, 724 $152, 684 $126, 834 $ 22, 292 $ 18,898 72,000 72,000 9,000 9,000 49, 392 26,936 $152, 684 $126, 834
We have to calculate the current ratio from the given balance sheet. The current ratio is a liquidity ratio that measures the company's ability to pay off its short-term liabilities using its current assets.
Formula: Current ratio = Current assets / Current liabilities
Let us fill the above formula, Numerator will be Current Assets and Denominator will be Current Liabilities.
So, the calculation is as follows: Current Ratio Choose Numerator : Current assets Choose Denominator: Current liabilities =Current ratio
Current ratio 0 to 1 0 to 1 0 to 1
2019 47,334 18,389 =2.57 2018 4,300 54,000 =0.08 2017 53,448 6,000 =8.91
Therefore, the completed table to calculate each year's current ratio is shown above.
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What is the first-known example of a corporation issuing stock? In what time period did
this take place
Answer:
i love you :)
Explanation:
The first modern IPO occurred in March 1602 when the Dutch East India Company offered shares of the company to the public in order to raise capital. The Dutch East India Company (VOC) became the first company in history to issue bonds and shares of stock to the general public.
Having just one error on a cover letter may eliminate an applicant from being considered for employment.
Answer:
i think its true
Explanation:
im sorry if im wrong
Your friend promises to pay $2.50 for the next 5 years (five times, beginning next year). In return, the friend is asking for $10 today. Chase bank is currently offering 4% in compound interest rate, which is what you were going to do with the $10. Should you lend the money to your friend?
To determine whether you should lend the money to your friend, we can compare the present value of your friend's promise to the amount you would have if you invested $10 in Chase bank at a 4% compound interest rate.
To calculate the present value of your friend's promise, we can use the formula for the present value of an annuity:
PV = PMT * [1 - (1 + r)^(-n)] / r
Where:
PV = Present value
PMT = Payment per period ($2.50)
r = Interest rate per period (4% or 0.04)
n = Number of periods (5 years)
Using these values, we can calculate the present value of your friend's promise:
PV = $2.50 * [1 - (1 + 0.04)^(-5)] / 0.04
PV = $2.50 * (1 - 0.8227) / 0.04
PV = $2.50 * 0.1773 / 0.04
PV = $0.44325 / 0.04
PV = $11.08
Therefore, the present value of your friend's promise is approximately $11.08.
Since the present value of your friend's promise ($11.08) is higher than the $10 you would have if you invested in Chase bank, it appears to be a better deal to lend the money to your friend. However, keep in mind that this analysis assumes the 4% interest rate is guaranteed, and there are no other factors or risks to consider.
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organizations using a matrix structure multiple choice a. establish a hierarchy in which employees report to only one supervisor. c. contain multiple overlapping command structures, c. in which all employees report to three or more managers. d. contain two command structures, in which some people report to two bosses.
Organizations using a matrix structure contain two command structures, in which some people report to two bosses.
A matrix structure is a type of organizational structure that is commonly used in large companies or corporations. In this structure, employees have multiple bosses who report to different areas of the organization.
Matrix organizations have a structure in which employees report to two or more managers who are responsible for different aspects of the organization's operations. This is a different structure from the traditional hierarchical organization in which employees report to only one supervisor.
This structure is commonly used in companies that have highly specialized or complex operation that requires employees to work across departments and collaborate on projects.
In this way, the matrix structure allows for greater flexibility, innovation, and cross-functional cooperation.
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emery mining inc. recently reported $115,000 of sales, $68,500 of operating costs other than depreciation, and $11,800 of depreciation. the company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 25%. how much was the firm's net income? the firm uses the same depreciation expense for tax and stockholder reporting purposes. (round your intermediate and final answers to two decimal places.)
The company's net income was $25,127.81.
Net Income: What is it?Net income is the amount that a person or business makes after expenses, reimbursements, and taxes. The amount left over after costs like salaries and wages, the price of goods or raw materials, and taxes have been paid is known as a company's net income.
In the simplest terms, net profit is the sum that is left over after expenses are paid. Either the corporation keeps the revenues as part of retained earnings or common investors can elect to receive dividends on net income. On an annual basis, per fiscal year, net income is frequently estimated.
Net income is defined as an entity's revenue less costs, depreciation and amortization, interest, and taxes for a specific accounting period in both business and accounting.
Sales $115,000
Less: operating costs $68,500
Less: depreciation $11,800
Earnings before interest and tax $34,700
Less: interest expenses ($16,500 * 7.25%) $1,196.25
Earnings before tax $33,503.75
Less: tax (25%) $8,375.94
Net income $25,127.81
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Explain the connection between the terms "division of labor" and "specialization".
Answer:
Division of labor leads to specialization
Explanation:
Division of labor refers to the process of subdividing work into small tasks. In the division of labor, the production process is divided into different stages. Each stage requires a specific task to be performed. Workers are assigned specific tasks depending on skills and abilities.
The division of labor leads to an increase in productivity. Each worker performs a regular task, using familiar tools. In time, the worker becomes an expert in what they do, thereby increasing productivity. Division of labor leads to specialization. When work is subdivided into tasks and assigned to a specific worker, the assigned employee specializes in that task. Specialization is the practice of focusing on a single or very few activities that one is good at doing.
YASHARI earns $27,000 per year, is single, and lives in Wyoming. She has $7000 in Direct Subsidized loans and another $19,000 in Direct Unsubsidized loans. She is trying to save up an emergency fund of at least 6 months’ take-home pay, so she’s torn about how much she should devote to her student loans and how much to the emergency fund every month.
- Which plan has the highest total amount paid? How long is the repayment period for this plan?
a) The plan with the highest total amount paid is the Direct Unsubsidized Loan of $19,000 because, in addition to the interest, the principal amount is higher than the Direct Subsidized Loan.
b) The repayment period for the Direct Unsubsidized Loan is 10 years after graduation if the Standard Repayment Plan is chosen.
What are unsubsidized and subsidized loans?Subsidized Loans are student loans subsidized by the Federal Government, especially with respect to the interest payment.
Subsidized Loans do not accrue interest during school at least half-time or during deferment periods. They are available for undergraduate and graduate students in financial need.
Unsubsidized Loans are federal student loans for both undergraduate and graduate students that are not based on financial need. They accumulate interest during school if the student does not elect to make monthly interest payments.
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How is the focus group discussion (POD) used as a method of generating ideas?
Answer:
In a focus group, a moderator leads a group of people through an open, in-depth discussion rather than simply asking questions to solicit participant response. For a new product area, the moderator focuses the group discussion in either a directive or a nondirective manner.
hello im Michal the fox how may tails i have three,two or,four
Answer:
2
Explanation:
Marion is making trail mix for a group camping trip. She buys 3 pounds of granola for $3 per pound, and 0. 75 pounds of raisins for $2 per pound. The equation 3(3) 0. 75(2) = (3 0. 75)x models the situation, where x is the price per pound of the trail mix. What is the price of the trail mix? $0. 36/lb $2. 50/lb $2. 80/lb $6. 75/lb.
From the computation, the price of the trail mix will be $10.50.
From the information given, we're informed that Marion buys 3 pounds of granola for $3 per pound, the cost of the granola will be:
= $3 × 3 = $9.
She also buys and 0.75 pounds of raisins for $2 per pound, therefore, the cost of the raisin will be:
= 0.75 × $2 = $1.50
Therefore, the price of the trail mix will be:
= $9 + $1.50
= $10.50
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What illegal activity is an employee in the business office committing when he deliberately changes the diagnosis codes on claims in order to receive higher reimbursement?
Fraud: Is an illegal activity which an employee in the business office committing when he deliberately changes the diagnosis codes on claims in order to receive higher reimbursement.
Fraud is when a person purposefully lies or makes a false statement.
What are Major Forms of Fraud?
Asset misappropriation, extortion and corruption, fraud in financial statements are major types of fraud.Fraud is when someone is taken advantage of monetarily by another else. Fraud happens when someone deceives another by persuading them to do or not do anything that causes them to suffer financial loss. Fraud can be carried out in person, online, or through written correspondence.The goal of fraud may be financial gain or other benefits, such as getting a passport, travel document, or driver's license, or it may be mortgage fraud, when the offender makes false claims in an effort to qualify for a mortgage.To learn more about Fraud visit:https://brainly.com/question/1063454
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