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TYPES OF FINANCIAL ANALYSIS
a) According to the material used, the study can be -
i) External analysis: Where analysis is done by exterior interested parties and
ii) Internal analysis: Where study is done by inner parties
b) According to the modus operandi of the study, the study can be -
i) Horizontal analysis: Where every single item in the declaration is analyzed over a numeral of years, so that its trend is known and
ii) Vertical analysis: Where a variety of items in a exact year's statement are analyzed so that inter relationships are understood.
Corporations frequently invest in securities issued by other corporations. Some investments are acquired to secure a favorable business relationship with another company. On the ot
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what are the options of setting up companies chart of account
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A company’s sales volume averages 4,000 units per year. Recently, its main competitor reduced the price of its product to $48. The company expects sales to drop dramatically
find cost of goods sold
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Ryan's Express has total credit sales for the year of $178,000 and estimates that 3% of its credit sales will be uncollectible. Record the end-of-period adjusting entry on Decemb
20 hypothetical inventory transactions both sale and purchase
The fundamental concepts, discussed in the previous paragraphs, are the core components in the theory of accounting. Such concepts as postulates or conventions, although, permit a
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