Answer:
c. Examining ratios across time to identify trends and comparing the firm's ratios with those of other firms.
Explanation:
The financial ratios represent the financial position, performance, position of the business organization. Plus it also identifies strengths and weaknesses.
The financial ratios comprise of current ratio, quick ratio, debt to equity ratio, net profit margin, etc
These ratios help to identify the trends by comparing the ratios between two firms so that proper analyses could be made
b. money market account
c. 10 year bonds
d.treasury bills
Answer:
The correct answer is option E.
Explanation:
Technological change implies a change in the level of technology. It can be both positive as well as negative. Positive technological change is called improvement or up-gradation in technology.
Technological improvement will help to produce the same level of output using fewer inputs or to produce more output using the same inputs.
A negative change in technology is called degradation in technology. It will cause a decline in the quantity of output that can be produced from a given quantity of inputs.
Technological change, being able to produce the same output using fewer inputs and producing more output using the same inputs, is best represented by both options A and B.
An example of technological change is indeed both A. being able to produce the same output using fewer inputs, and B. being able to produce more output using the same inputs. Technological change refers to the process by which businesses evolve their production processes via the application of technology. This might mean using an upgraded software to automate data entry, hence saving inputs, or leveraging a new machinery that increases the volume of output without requiring more inputs. Therefore, the correct answer is D. Both A and B.
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Answer:
c. The amount of the debits must equal the amount of the credits.
Explanation:
a. The number of debit accounts must equal the number of credit accounts.
An account means one record entry of a transaction. There may be more credit or more debit accounts, depending on the transactions.
b. There must always be entries made on both sides of the accounting equation.
Although this happens most often, it is not always true.
The Accounting Equation: Assets = Liabilities + Owner's Equity
The two sides are separated by the equal sign. There can be a transaction that's only on one side. Example:
I buy a chair for $50 cash. Only the furniture and cash accounts are affected, and they are both on the assets side.
c. The amount of the debits must equal the amount of the credits.
This must always be equal. When you increase an asset (debit), you will increase owner's equity (credit). When you decrease an asset (credit) you could either decrease owner's equity or liability (debit).
d. There must only be two accounts affected by any transaction.
This is untrue. Sometimes, three or more accounts can be affected. For example, if I buy a chair, giving $20 down payment and borrowing $30 from the bank. The three accounts affected are furniture (increase by $50), cash (decrease by $20), and bank loan (increase by $30).
In a double-entry accounting system, the amount of the debits must equal the amount of the credits in every transaction.
In recording an accounting transaction in a double-entry system, the correct statement is: c. the amount of the debits must equal the amount of the credits.
In a double-entry system, every transaction affects at least two accounts. The total amount debited in a transaction must always be equal to the total amount credited. This ensures that the accounting equation (assets = liabilities + equity) remains in balance.
For example, if a company purchases inventory for $500, it would debit the inventory account by $500 and credit the accounts payable account by $500, ensuring that the debits ($500) equal the credits ($500).
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Minimum payment
Principal
Annual percentage rate (APR)
Answer:
Finance charge
Explanation: