Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Explain horizontal analyses and using the financial results?
The computation of dollar and or percentage changes from one year to the next in an item on financial statements is horizontal analysis. For example in the following data taken from the 2000 annual report of Hewlett-Packard Company the amount of inventory improved by USD 836 million from 1999 October 31 to 2000 October 31. This amount symbolized a 17 per cent increase. To find the amount of the decrease or increase subtract the 1999 amount from the 2000 amount. To find the percentage varies divides the increase or decrease by the 1999 amount. Deliberate the dollar amount and percentage of change in an amount is much more meaningful than merely knowing the amount at one point in time. By examine the data we can see that cash and cash equivalents declined in 2000. Their refuse at least partially explains the increases in some of the other current assets. We can as well see that the company invested in property plant and equipment. Some terms in Hewlett-Packard's list of assets that you don't understand are explained in later chapters. Now all we want you to understand is the nature of horizontal and vertical analyses.
Q. Income statements - Service and merchandising company? We evaluate the main divisions of an income statement for a service company with those for a merchandising company. To
The list of accounts below and the unadjusted balances of these accounts were taken from the ledger of the Manville Corporation at the end of their accounting period, March 31,
HOW TO RECORD INVENTORY AT NET REALISABLE VALUE ON JOURNAL100 words accepted#
Determine about the Debit memorandum A debit memorandum is the buyer's written request to seller for credit. Individual account is debited to reduce the amount which they nee
what is the accounting concepts and conventions? and what is the procedure to follow the accounting formats
In earlier times in history, wealthy people utilized 'stewards' to direct their property. These stewards made an account of their stewardship to their owners periodically. This ide
A machine valued on the books at $8500 was sold on credit to $8000.
what is trade marketing management
please explain cycle of accounting
Q. What is Current liabilities? Current liabilities are debts due inside one year or one operating cycle whichever is longer. The payment of current liabilities usually require
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd