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Q. Explain Vertical analysis?
Vertical analysis demonstrates the percentage that each item in a financial statement is of some significant total such as total assets or sales. For example in the Hewlett-Packard data we can see that cash and cash equivalents were 15.3 percent of total assets as of 1999 October 31 and had declined to 10.0 percent of total assets by 2000 October 31. Whole current assets (cash plus other amounts that will become cash or be used up within one year) increased from 61.3 percent of total assets to 68.3 percent during 2000. Long-term investments as well as other non-current assets accounted for 18.4 percent of total assets as of 2000 October 31.
Having trouble with word problem: Planned Acquisition cost $2.1M Salvage Value $0 16% discount rate savings = year end Savings: year 1 150k year 2 175k year 3 300K year
Q. Explain journal entry? A journal is a sequential arranged in order of time record of business transactions. A journal entry is the stacking of a business transaction in the
what is the mission of the Accounting and Finance Functional Area
There is almost not, any organization that does not have an accountant. His task is all pervasive and he is included in a broad range of activities, particularly in a huge and comp
Q. Explain Merchandising companies? Merchandising companies buy goods that are ready for sale and then sell them to customers. Merchandising companies comprise clothing stores,
The Company changed its process of accounting for pre-opening costs. These changes had no cash impact and the pro forma amounts accessible in the consolidated statement of income r
stpes to be taken prepaing for final accounts
Personal Account is an account for use by an individual for their own requirements. It is a relative term to distinguish the said accounts from those accounts for corporate or busi
Q. What is credit balance? If on the other side the sum of the credits exceeds the sum of the debits the account has a credit balance. For example assume that a company has an
RATIO ANALYSIS
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