vertical analysis of financial statements is accomplished by preparing common-size statements. t or f

Answer: Taxes are compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.

Explanation: Taxes are mandatory contributions collected by governments.

The Internal Revenue Service (IRS) collects federal income taxes in the United States.

There are many forms of taxes and most are applied as a percentage of a monetary exchange (for example, when income is earned or a sales transaction is completed).

Other forms of taxes, such as property taxes, are applied based on the assessed value of a held asset.

Understanding what triggers a tax situation can enable taxpayers to manage their finances to minimize the impact of taxes.

Hope this was helpful

If Trista developed a secret cookie recipe and sold them through exclusive shops all around Atlanta, then her recipe can be regarded as a trade secret and is already legally protected.

The quantity of protected areas, the total area under protection, or even legally protected the representativeness of biomes or ecoregions, indicate nothing about the ability of protected areas to fulfill their stated objectives. The CBD also demands that protected areas be maintained effectively and fairly, which are criteria that cannot be evaluated solely by looking at overall coverage. There are markers of how well protected areas are trade secret functioning, though condition is difficult to assess directly without intensive and time-consuming ground examinations.

Areas that have received statutory protection but little to no active maintenance are referred to as "paper parks" (Brandon et al., 1998). Even while some paper parks may be safe because of their isolation, encroachment usually causes these protected spaces to deteriorate.

Learn more about trade secret here

https://brainly.com/question/15093452

#SPJ4

The answer is P = $19,522.47.

First, convert R as a percent to r as a decimal

r = R/100

r = 9/100

r = 0.09 per year,

Then, solve the equation for P

P = A / [tex](1 + \frac{r}{n} )^{nt}[/tex]

P = 40,000.00 / [tex](1 + 0.09 / 12)^{(12)(8)}[/tex]

P = 40,000.00 / [tex](1 + 0.0075)^{96}[/tex]

P = $19,522.47

Summary:

The principal investment required to get a total amount of $40,000.00 from compound interest at a rate of 9% per year compounded 12 times per year over 8 years is $19,522.47.

To see a similar example:

https://brainly.com/question/29279423

#SPJ4

The French government decided to analyze price and volume data to determine past trends in exchange rate movements for the country. By the approach of technical analysis.

The technical analysis is an analysis which determine  to analyze price and volume data to determine past trends in exchange rate movements. It is also defined as to evaluate investments and identify trading opportunities in price trends.

The exchange movements the value of money to exchange products and services to another countries.

To know about technical analysis here,

https://brainly.com/question/29577023

#SPJ4

A non-recourse loan is a loan which a borrower is not liable for mortgage payments, payment of taxes/insurance, and environmental issues. This statement is false.

A non-recourse loan is one in which the lender cannot go after more than the collateral offered for the loan. This type of loan is beneficial for the borrower because the lender cannot seize other assets to recoup their losses. A mortgage is a type of loan used to purchase or maintain a home, land, or other types of real estate.

Money banks do not offer non-recourse loans. It leaves them vulnerable to losses if their customers default on their loans and their collateral proves insufficient.

Learn more about mortgage payments here:

https://brainly.com/question/5428293

#SPJ4

A statistic used in financial analysis to calculate the profitability of possible investments is the internal rate of return (IRR). IRR is a discount rate that, in a discounted cash flow analysis, sets the net present value (NPV) of all cash flows to zero.

Calculations of IRR use the same formula as NPV calculations.

NPV is equal to -$58,050 plus $15,480[(1/I) - (1/(I (1 + I)N)]

= -$40,000 + $9,000[(1/0.11) - (1/(0.11 × (1 + 0.11)7)]

= $2,409.77.

Answer from a financial calculator: Provide the values CF0 = -58,050, CF1-7 = 15,480, and I/YR = 7, and then calculate the NPV as $2,409.77.

Internal rate of return (IRR) = -17.21% can be calculated using a financial calculator by entering CF0 = -58,050 and CF1-8 = 15,480.

learn more about internal rate of return here:

https://brainly.com/question/23555947

#SPJ4

When the fed increases the money supply, the interest rate goes up. This statement is false.

When the fed increases the money supply, the interest rate goes down. Based on the Federal Reserve's and commercial banks' actions, the money supply in the US varies.

Interest rates and the amount of money in circulation are inversely related. A bigger money supply results in lower market interest rates, which reduces the cost of borrowing for consumers.

In contrast, lower money supply tends to result in higher market interest rates, increasing the cost of borrowing for consumers. Interest rates are influenced by the current level of liquid money (supply) and the overall demand for liquid money (demand).

The Fed must assess the health of the economy as a whole before setting interest rates. Studying variables like inflation, unemployment, and supply and demand is part of this.

To know more about money supply and interest rate:

https://brainly.com/question/24249291

#SPJ4

Money market funds make very low-risk investments in short-term debt securities that are incredibly stable. Money market funds are typically regarded as very secure investments, however they do include some risk.

You have other solutions to help you accomplish the same thing. A popular and well-known low-risk investing choice are CDs.

Investors should be aware that self-directed IRA investments carry risks like frauds, high fees, and unexpected performance, even while a greater selection of investing options could be alluring. Investors who save for retirement through Individual Retirement Accounts may be eligible for certain tax benefits (IRAs).

First, a note about choosing an account: The vast majority of long-term goals are related to retirement, so you should put money into a tax-advantaged account. That is all there is to it if your employer provides a 401(k) with matching funds. If not, it's a Roth IRA or an IRA.

Learn more about Individual Retirement Accounts: https://brainly.com/question/28962416

#SPJ4

Brianna has a loyalty card good for a discount at her local grocery store. to find the total she has to pay, before tax, she multiplies the prices by 0.95. The card gives 0.5% discount.

She multiplies the price by 0.95, it means that she pays 0.95 of the price. If the whole price is 1 and she pays 0.95, the discount will be 1 - 0.95 = 0.5. So, the discount will be 5%.

A loyalty program is a marketing tactic created to persuade customers to keep using the products or services of a company that is a part of the program.

These programs now exist for the majority of commercial activities, each with its own features and incentive structures, including banking, entertainment, hospitality, retail, and travel.

Due to a highly competitive market and a wide range of services available to customers, the market approach has changed from being product-centric to being customer-centric; for this reason, it's crucial that marketing strategies place a priority on expanding a sustainable business and raising customer satisfaction.

To know more about loyalty card:

https://brainly.com/question/29890377

#SPJ4

Consensual decision making is a quick, efficient way to make decisions while empowering staff to have input on the process and building buy in for the ultimate decision you make.

The above statement is true

To know more about decision here

https://brainly.com/question/10438556

#SPJ4

The business should record this use of cash with an entry to Drawings.

A drawing account is a type of ledger that is used to keep track of the money and other assets that are taken out of a company, typically a sole proprietorship or a partnership, by the company's owner (s).

An entry that reduces the amount of money in the drawing account will result in an equal amount of money being added to the cash account, which means that the drawing account functions as a counter account to the owner's ownership in the company.

Drawing accounts are used from one year to the next: At the conclusion of each year, the balance of an account is moved to the owner's equity account, and the account is then closed out before being reopened at the beginning of the next year.

To know more about Drawings Account

https://brainly.com/question/29246898

#SPJ4

The amount that would have to be reported under cash flows from financing activities, as a result of Augusta company retiring bonds would be  ( $70, 000 ).

When bonds are to be retired, they will be recorded in the cash flow statement under the financing activities section because this section houses things such as equity transactions and long term liabilities like bonds.

In the cash flow statement, only the actual cash that was spent or received is to be recorded and so in retiring the bond, Augusta company would need to record the ( $70, 000) that was actually spent in this regard.

Find out more on bond retirement at https://brainly.com/question/29750274

#SPJ1

Answer: the amount to be reported under cash flows from financing activities is - $70, 000 .

Explanation:

An illegal boycott has occurred when two or more business entities conspire to withhold their patronage to reduce competition.

A boycott is an agreement between two or more individuals to avoid doing business with a specific person or organisation. A mass boycott is prohibited under antitrust rules because it restricts trade, unlike a boycott by a single company or one by customers of a specific company.

When two or more companies conspire against one another or decide to stop doing business with one another in order to lessen competition, this is known as an illegal boycott. A collective boycott is prohibited by antitrust rules.

To learn more about boycott refer here

https://brainly.com/question/11376362#

#SPJ4

The biggest opportunity cost for a gifted college football player who decides to stay in school an extra year rather than declare for the NFL draught is that he or she will miss out on being chosen by scouts during the playoffs in addition to losing out on the money.

The chance lost by not selecting one option over another is referred to as opportunity costs. The player forfeits the chance to be selected as a player and the related compensation if they choose to stay in college rather than declare for the NFL draught. NFL players get a significant salary for playing football; yet, if they want to continue their education in college, they forfeit this income and lose out on other opportunities while doing so.

To know more about opportunity costs, refer to:

brainly.com/question/12121515

#SPJ4

40 000 shares of stock with a $25 par value are now in circulation. If the company announces a 3-for-1 stock split, there will be 120,000 shares outstanding following the split.

Stocks are tools for fair agency ownership. Only a few businesses use shares as an economic asset that guarantees an identical dividend payout of any declared leftover profits. A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets. All of an agency's shares are referred to as its percentage capital. Shareholder of the business enterprise and owner of agency shares. A share is stated to as a possessional unit that symbolizes the.

To learn more about outstanding please click on below link

https://brainly.com/question/13004073

#SPJ4

The Employee Retirement Income Security Act of 1974 (ERISA) protects participants in the most freely organized private sector retirement and health plans by setting basic criteria.

ERISA sets minimum standards for participation, vesting, benefit accrual, funding, and fiduciary responsibilities for those who manage and control plan assets; requires plans to establish a grievance and appeals process for participants to get benefits from their plans, and gives participants the right to sue for benefits and breaches of fiduciary duties (PBGC).

ERISA does not cover government, church, or worker compensation, unemployment, or disability programs. ERISA does not protect underfunded excess benefit plans or foreign programs for nonresident aliens.

To know more about ERISA:

https://brainly.com/question/14823183

#SPJ4

The right question is:

Michael creates a new company and wants to attract quality employees, so he establishes a retirement plan. The law regulating this activity is:

a. CERCLA.

b. UNESCO.

c. the Social Security Act.

d. ERISA.

Digital marketing is most commonly used to describe advertising campaigns that run on a computer, phone, tablet, or other electronic device.

Online video, display ads, search engine marketing, paid social ads, and social media posts are just a few examples of the various formats it can take.

The promotion of brands via the internet and other digital communication channels is known as digital marketing, sometimes known as online marketing. This comprises text and multimedia messages as well as email, social media, and web-based advertising as a marketing channel.

In essence, a marketing effort is considered to be digital marketing if it uses digital communication.

Therefore, Digital marketing is most commonly used to describe advertising campaigns that run on a computer, phone, tablet, or other electronic device.

To learn more about digital marketing, refer to the link:

https://brainly.com/question/14994596

#SPJ1

The amount charged for using the money of another party is the interest.

Face price refers back to the dollar price of an economic instrument whilst it's miles issued. The face fee of a bond is the rate that the provider can pay on the time of maturity, additionally called “par value.” via comparison, the face price of a stock is the rate set with the aid of the provider whilst the inventory is first issued.

Face value is the defined fee issued by means of corporations for their stocks and bonds.

Several elements have an effect on its fee. Percentage certificates consult with the documents furnished via the groups to sell their shares inside the marketplace.

Learn more about interest here: https://brainly.com/question/25793394

#SPJ4

Karen's balance before writing the cheque is $455.

As per the above given data,

we need to find out  Karen's balance before writing the cheque.

According to the above stated question,

it is given that,

Karen wrote a cheque for $72.

Karen subtracted that amount from her checking account

The balance found after writing the cheque of amount of $72 was= $383

Now, as per the question,

Karen wrote a check for $72. Karen subtracted that amount from her checking account .The balance found after writing the cheque of amount of $72 was $383 .

Therefore the total amount before writing cheque can be calculated by adding the amount written on cheque that is $72 to the remaining balance in the account as follows:

Amount before writing cheque= $383+$72

                                                  = $455

Hence, Karen's balance before writing the cheque is $455.

For more such questions on Problems of  Additions:

https://brainly.com/question/18534777

#SPJ4

The OD intervention method where top management hear employees' new ideas without employees going through hierarchical levels of bureaucracy is workout.

Intervention method

In general terms, intervention method refers an organized effort by an addict's friends and loved ones to persuade them against their addictive behavior.

Given,

Here we need to find the OD intervention method where top management hear employees' new ideas without employees going through hierarchical levels of bureaucracy.

As per the definition of intervention method, the hierarchical levels of bureaucracy means that a succession of tiers from the most menial worker in the organization to the highest executive.

According to the employees point of view, workout is the best suitable method to helps to hire top level employees.

To know more about intervention method here.

https://brainly.com/question/15318278

#SPJ4

The toy car travels a shorter distance the more friction there is. Speed indicates how quickly something or someone is moving. With an automobile as for any other object, the formula for distance and speed is distance time.

The travels calculation is (60 x 5280) (60 x 60) = 88 feet per second to get a car's speed at 60 miles per hour. A friction motor is a distance straightforward device used to move action figures, toy cars, tractors, and railways. The toy's drive wheels are connected to the motor's big flywheel using a very low gear ratio, which causes the flywheel to spin more quickly.

To learn more about distance, click here.

https://brainly.com/question/15172156

#SPJ4

The correct Statement is : Work groups are an ineffective way for employees to gain experience with management function. Management is the ability to motivate individuals and groups to achieve increased morale.

The answer is False.

Activity management is the technique of recording the whole lot a employee does all through a normal day, within the order that it's far accomplished, all even as labeling their pastime successfully.

Like diverse other sports executed via people which includes writing, gambling, eating, cooking and many others, management is also an interest because a manager is person who accomplishes the goals with the aid of directing the efforts of others. according to Koontz, “control is what a supervisor does”.

On the most fundamental degree, management is a field that includes a hard and fast of five trendy functions: making plans, organizing, staffing, leading and controlling.

Learn more about management function here : https://brainly.com/question/17083312

#SPJ4

Option (c), The main distinction between public relations and advertising is that public relations does not use paid media to reach its audience.

PR and advertising both assist in establishing brands and reaching target markets. The primary distinction between both is that whereas public relations outcomes are obtained through informational outreach to the media in the form of press releases and pitches, advertising space is compensated.

Advertising is a poorer investment than public relations. They aren't seeking for advertisements; rather, the stories in those same news sources are what draw the readers to the publication. Because of this, the ROI on the news coverage your PR company generates will often outweigh the ROI on advertising.

Learn more about public relations: https://brainly.com/question/27993099

#SPJ4

Answer:

it would be 20

Explanation:

i looked it up

Experts recommend that you accumulate enough to cover 3 to 6 months of expenses in your emergency fund.

Emergency fund simply means the amount of cash reserve that needs to be accumulated and kept to deal with unforeseen circumstances or emergencies that comes in their way such as home repair, emergency medical bills, vehicle repair, unemployment or layoff, natural disaster, economic crisis, etc.

Emergency fund should be a priority in your financial planning so that you will be able to maintain your financial stability and security in times of crisis, and when those unforeseen circumstances do occur, you will not get too stressed out and also to prevent yourself from getting into debt.

To learn more about emergency fund visit: https://brainly.com/question/13420184

#SPJ4

The higher the reserve ratio, the less money banks can lend out. So if the reserve ratio is 12.5%, then for every $2,000 of additional reserves, banks can create up to $16,000 of additional money.

Except for contributed or basic share capital, a reserve can appear in any part of shareholders' equity. An "operating reserve" is the unrestricted cash on hand available to sustain an organisation in nonprofit accounting, and nonprofit boards typically specify a target of maintaining several months of operating cash or a percentage of their annual income, known as an Operating Reserve Ratio.

Capital reserves, revenue reserves, statutory reserves, realised reserves, and unrealized reserves are all types of reserves used in financial accounting. Capital reserves, revenue reserves, statutory reserves, realized reserves, and unrealized reserves are all types of reserves used in financial accounting.

To know more about Reserve here-

https://brainly.com/question/29651028

#SPJ4

Both the income statement and the balance Prepaid would be misstated as at 31 March.

Prepaid insurance is a 12-month premium paid for insured assets, whose period has not expired. A prepaid asset schedule is usually prepared and kept for monitoring and monthly amortization, if it is not automated. Normally at the end of each month, if the prepaid asset is not automated, the amortization charge entry is raised between prepaid asset and amortization charge by Debiting Amortization charge (expense) and Crediting Prepaid asset. With these adjusting entries, both the income statement and the balance sheet would be affected.

To learn more about Prepaid please click on below link

https://brainly.com/question/15502125

#SPJ4

The transactions for Tony and Suzie are shown below as journal entries:

Subsequent Costs are composed of costs that be incurred after the transaction. For example, a purchase of used equipment will need maintenance, repairs and some parts replacement.

Journal entries for the transactions are as follows:

1. Equipment A/c....Dr. $12800

Cash A/c....Cr. $12800

2. Prepaid insurance A/c....Dr. $2000

Cash A/c.....Cr. $2000

3. Equipment A/c....Dr. $3000

Cash A/c....Cr. $3000

4. Equipment A/c....Dr. $2200

Cash A/c....Cr. $2200

5. Maintenance expense A/c....Dr. $800

Cash A/c....Cr. $800

The painting, roof rack and hitch are all expected to increase the future benefits of the vehicle. Therefore, these costs are capitalizable and added to the cost of the asset. Capitalizable cost is a cost that increases the asset's useful life, and productivity, or will increase future benefits.

Basic Maintenance is expenses that are incurred to maintain the asset in its normal operation. Therefore, it is expensed on the period it is incurred.

Learn more about journal entries:

https://brainly.com/question/20421012

#SPJ4

Outsourcing is a business practice that entails hiring a third party to carry out duties, manage operations, or offer services on the company's behalf.

The outside company, also known as the service provider or third-party provider, arranges for its own employees or technological assets to do the tasks or deliver the services, either on-site at the hiring company's facilities or at other locations.

Since connections are more important than service-level agreements, outsourcing is a collaboration rather than a project for purchasing. Although it is more challenging to uphold and secure a trusted connection than it is to establish service levels and partnerships, doing so is essential to outsourcing initiatives.

To learn more about Outsourcing visit: https://brainly.com/question/28915776

#SPJ4

Apple tree electronics is planning to offer its stock on the primary securities market. investors are excited as apple tree has never sold shares of their stock before. apple tree is most likely having a(n) initial public offering.

Stock refers to an equity, is a security that represents the ownership of a fraction of the issuing corporation. Units of stock are called "shares" which entitles the owner to a proportion of the corporation's assets and profits equal to how much stock they own.

An IPO is the first time a formerly privately-owned company sells stock to the general public. A seasoned issue is the issuance of stock by a company that has already undergone an IPO. Here, Apple tree electronics is planning to offer its stock on the primary securities market. investors are excited as apple tree has never sold shares of their stock before.

Thus, the answer is initial public offering.

To know more about Stock, click below-

https://brainly.com/question/29750557

#SPJ4