TRUE/FALSE. if fair use applies, it is not necessary to cite the sources of the visual and audio materials in your slide show.

The forecasts of future costs and revenues in pro forma financial statements are made in light of the company's prior performance and projected future operations.

Financial statements predicted for future periods are referred to as pro forma financial statements in the Financial Accounting online course. A financial prediction or financial projection are other names for them.

assemble historical data and past financial accounts.

The forecast you make should have a time frame.

Select a technique for making financial projections.

Maintain records of the outcomes.

the examination of financial data.

On the basis of the time period you previously specified, repeat.

To know more about  statements visit:

https://brainly.com/question/2285414

#SPJ4

A company's financial performance throughout time is depicted in financial statements. The balance sheet outlines the money sources and uses for the business.

The balance sheet is a type of financial statement that lists the assets, liabilities, and shareholder equity at a single glance.

The shareholders' equity is a common financial statement used by many businesses. However, the balance sheet normally appears first.

In order to prepare a balance sheet, you must remember the following equation:

Liabilities x Equity x Shareholder Equity = Assets

In order to comprehend how a balance sheet functions, let's first take a look at one.

The balance sheet's operation is only summarized above.

You can include cash, receivables, prepaid rent, and other items under current assets. We can list items like equipment, a building, and a plant under non-current assets.

A sequence from more liquid to less liquid is what is intended.

On the other hand, you can also think about unpaid bills like salaries that are still owed, income tax that needs to be paid, and notes and accounts that are still due. Consider long-term debt as a long-term/non-current obligation.

It might be extremely difficult to understand the balance sheet. To ensure that total assets always match total liabilities + shareholders' equity, the accountants must ensure that each record is accurately reported.

To Learn more About financial statements Refer To:

https://brainly.com/question/26240841

#SPJ4

Formal markets are highly structured, whereas informal markets are less structured with fewer rules.

What is formal market?

While vendors in formal markets can openly advertise their pricing and locations to draw customers, those in informal markets must negotiate bilaterally with customers in order to maintain their anonymity in the eyes of tax and regulatory authorities. In our benchmark model, we restrict market switching to sellers alone. We suppose that vendors can openly advertise their pricing and locations in legal markets, while sellers in unofficial markets must engage in bilateral negotiations in order to maintain their anonymity in front of the taxation authorities. While in informal markets, sellers must engage in bilateral negotiations, we assume that in formal markets, vendors can publicly advertise their pricing and locations.

Know more about market- brainly.com/question/25309906

#SPJ4

3 moles of hydrogen gas (H2) are produced when 2 moles of aluminium is reacted with excess acid.

Explanation :

Balanced equation:

2Al + 6HCl → 2AlCl3 + 3H2

So, 3 moles of hydrogen gas (H2) are produced when 2 moles of aluminium is reacted with excess acid.

Moles of hydrogen produced by 3 moles of aluminium = (3 x 3)/2 = 4.5 mol

Molar mass of hydrogen (H2) = 1 x 2 = 2 g/mol

Mass of 4.5 moles of hydrogen = 2 g x 4.5 = 9 g

Learn more about Hydrochloric acid refer to :

https://brainly.com/question/24586675

#SPJ4

Assets of a firm that are not physical in nature are referred to as intangible assets. While calculating the useful life of an intangible asset, the fair value of the asset is not a factor to be taken into account.

Some important factors to be considered to determine the usefulness of intangible asset is given below:

Learn more about intangible assets here:

https://brainly.com/question/14892188

#SPJ4

Paddy rice cultivation and methane emissions represent a correct pairing of an agricultural practice with its environmental consequence.

What are methane emissions?

Following carbon dioxide, methane is the second most significant greenhouse gas that contributes to climate change. Methane has a potential for global warming that is 28 times bigger over a 100-year period than carbon dioxide and 84 times greater over a 20-year period. Therefore, methane emissions are very important to 2050 climate goals. In addition, methane contributes to the development of ozone, which in and of itself poses a major health risk.

The energy industry is responsible for around one-third of all anthropogenic methane emissions worldwide. Given that methane may be sold as natural gas, the International Energy Agency estimates that 45% of those emissions can be reduced without incurring any net costs.

To learn more about methane emissions visit;

https://brainly.com/question/14397541

#SPJ4

The controller would participate in capital budgeting and make both capital and investment choices.

Financial planning, investing (spending money), and financing are duties of the financial management (raising money). The primary objective of the financial manager, whose choices frequently have long-term consequences, is to maximise the firm's value.

The fundamental objective of the financial manager is to increase the company's worth to its shareholders. A publicly traded company's worth is determined by the share price of its stock.

To know more about financial visit:-

https://brainly.com/question/29641948

#SPJ4

21.23% is the annualized return on this investment.

What does annual return from investment mean?

An annual return from investment is a measure of the yearly profit or loss realized on a given investment. It is calculated as the ratio of the net income earned over a period of one year, divided by the initial cost of the investment. It can be expressed as a percentage or as a decimal. The annual return from an investment can be either positive or negative, depending on the performance of the investment. For example, an investor puts $10,000 into a stock and earns $1,000 in dividends over the year. The annual return from the investment is 10%, calculated by taking the $1,000 dividend and dividing it by the $10,000 initial investment.

Annual Return= [(End Price +Dividend-Initial Price)/Initial price]*12/4

                       =  [(83+0.52-78)/78]*12/4

                       =  0.212308

                       =  21.23%

Therefore, 21.23% is the annualized return on this investment.

To learn more about annual return from the link

https://brainly.com/question/14333133

#SPJ4

FALSE You test and confirm the validity of independent workstations or network servers while working with the enterprise digital group..

A team of IT experts known as a computer incident response (CSIRT) offers an organization services and support relating to the assessment, management, and prevention of emergencies involving cybersecurity in addition to the integration of incident response operations.

A notary public must always certify affidavits. Asserting at word that the information in the document are true, signing the document prior to a legal professional, and having the notary public sign and seal the affidavit are all considered to be "notarized."

To know more about  network servers Visit:

https://brainly.com/question/17137809

#SPJ1

Inflation in a nation lead to increase the GDP of the nation in very short period of time. Inflation for a longer period of time could lead to dis-savings.

Inflation is an increase in the general price level of all the goods and services in an economy of the nation or the world. When the general price level rises, each unit of the currency buys fewer goods and services. Consequently, an inflation corresponds to a reduction in the purchasing power of the money.

When inflation increases, people in the nation will spend more money in buying goods and services because they know that it will be less valuable in the future period. This causes further increase in the GDP of the nation in the very short period of term, bringing about further price increase in the goods and services. If such a situation continues over a longer period of time then, it leads to dis-savings in the nation.

Learn more about Inflation here:

https://brainly.com/question/30112292

#SPJ1

Total Equity is  $28,000  assuming the business has total assets of $36,000.

Assuming the company has $36,000 worth of assets in total, figure out the missing amounts.

The accounting equation is utilized to address this problem. which states that assets = liabilities + equity. This equation is the foundation of double-entry accounting and is used to balance a company's books.

The steps for this process are as follows

Total liabilities = Accounts Payable + Liabilities

Total liabilities = $4,000 + $8,000

Total liabilities = $12,000

Total assets = Cash + Accounts Receivable + Inventory + Equipment + Total Liabilities

Total assets = $10,000 + $7,000 + $8,000 + $7,000 + $12,000

Total assets = $36,000

Total equity = Total Assets - Total Liabilities

Total equity = $36,000 - $12,000

Total equity = $28,000

suppose a local company has the following balance sheet accounts. calculate the missing amounts assuming the business has total assets of $36,000.

Cash: $10,000 , Accounts Receivable: $7,000, Inventory: $8,000 Equipment: $7,000 , Accounts Payable: $4,000 , Liabilities: $8,000

Learn more about balance sheet:

brainly.com/question/1113933

#SPJ4

Nobody can ever take away from you the steadiness that education brings to your life. You boost your chances of finding better employment possibilities and widen the career options by being well-educated.

Individuals benefit from education in terms of work, income, health, and poverty reduction. Every additional year of education results in a 9% rise in hourly wages globally. For societies, it promotes social cohesion, innovation, institutional sturdiness, and long-term economic prosperity.

According to Nelson Mandela, "Education is the most potent weapon which you can use to change the world." It teaches individuals how to be better citizens, how to land a better-paying job, and how to distinguish between right and wrong. Education teaches us the value of perseverance.

Learn more about education Visit: brainly.com/question/25887038

#SPJ4

Correct Question:

Why is there so much emphasis on education in the modern world. how does this affect the PPC of a country like the us.

The project's NPV is $746,868 and its IRR is 17.3%.

This indicates that the project is expected to generate a positive return on investment and a higher rate of return than CTC's cost of capital. However, CTC must also consider the environmental risks associated with sulfuric acid extraction and any non-financial factors before making a final decision.

The NPV is calculated by subtracting the project's initial investment of $1,065,000 from the total expected net cash flows of $1,811,868 over the 5 year life of the project.

Finding the discount rate that equalises the NPV to zero then yields the IRR. The project's NPV and IRR provide important information for CTC's decision-making and can help determine whether the project is worth pursuing.

Ultimately, CTC must weigh the financial benefits of the project against the potential risks before making a final decision.

Complete Question:

After discovering a new gold vein in the Colorado mountains, CTC Mining Corporation must decide whether to go ahead and develop the deposit. The most cost-effective method of mining gold is sulfuric acid extraction, a process that could result in environmental damage. Before proceeding with the extraction, CTC must spend $900,000 for new mining equipment and pay $165,000 for its installation. The gold mined will net the firm an estimated $350,000 each year for the 5-year life of the vein. CTC’s cost of capital is 14%. For the purposes of this problem, assume that the cash inflows occur at the end of the year.

a. What are the project’s NPV and IRR?

To learn more about capital visit:

https://brainly.com/question/20360874

#SPJ4

PV= FV/(1+r) The right formula to use when determining the present value of a future sum that is anticipated in t years at r percent interest is t.

A future sum of money's present value is its current value at a given rate of return. It would be discounted the future cash flows. Future cash flows have a lower present value the higher the discount rate is. A future sum of money or stream of cash flows' present value (PV), assuming a given rate of return, is their current value. Future value is converted to present value by using either a discount rate or the interest rate that would be earned if an investment were made. Divide the annual rate by the number of periods in the year to get the periodic interest rate: Rate = yearly interest rate / 12. For monthly payments. Quarterly payments are calculated as follows: rate = annual interest rate / 4.

To learn more about future sum click,

https://brainly.com/question/1152079

#SPJ4

Consumers' willingness and ability to buy a good, service, or resource will change if (income) changes, resulting in a new relationship between price and quantity demanded.

The readiness of buyers to purchase different quantities of a good at different prices over a certain period is referred to as demand. Demand for any product denotes customers' desire to obtain the good, as well as their willingness and ability to pay for it.

Demand is a term that both customers and businesses are familiar with because it makes sense and occurs organically throughout almost any day.

For example, shoppers who have their eye on a product will buy more if the price is cheap. When prices rise, such as when the seasons change, shoppers buy fewer items, or none at all.

To know more about demand:

https://brainly.com/question/29892538

#SPJ4

Presents two possibilities and states that only one of them can be true, and the other must be false. This false dichotomy ignores alternative viable options, which makes it false. This is an Either/Or Logic.

What do you mean by possibilities?

Possibilities refer to the potential for something to happen. Possibilities are open-ended, providing the opportunity for any number of outcomes. This broad range of options allows for exploration and creativity, as well as risk-taking and experimentation. Possibilities can be both exciting and intimidating, but they open the door for limitless potential. Possibilities can be seen in personal, professional, and creative endeavors, offering a sense of hope and possibility. Possibilities give us the opportunity to dream, create, and explore, and allow us to make meaningful and lasting changes in our lives.

So, Presents two possibilities and states that only one of them can be true, and the other must be false.

To learn more about possibilities:

https://brainly.com/question/26460726

#SPJ4

Generally, understanding business cycles enables business owners to make sound business decisions. They can speculate when to prepare for a contraction and when to take advantage of an expansion by keeping their finger on the economy's pulse and paying attention to current economic projections.

The economic cycle, also known as the business cycle, refers to fluctuations in the economy that occur between periods of expansion (growth) and contraction (depression) (recession). The current stage of the economic cycle can be determined by factors such as GDP, interest rates, total employment, and consumer spending.

Understanding the economic cycle can assist investors and businesses in determining when to invest and when to withdraw funds, as it has a direct impact on stocks and bonds, as well as profits and corporate earnings.

Read more about business cycles

brainly.com/question/20335740

#SPJ1

Option d is the correct choice.

According to the mental states method to personal selling, customers must be guided through four mental states are attention, interest, desire, and action.

Dorothea Dix's initiatives helped to establish some of the earliest mental asylums in the United States and change mental healthcare.

Dorothea Dix: Who was she?

The main factor in the development of the first mental healthcare facilities in the USA was Dorothea Dix's defence of the rights of poor people who had any form of mental disease.

In conclusion, Dorothea Dix's work helped to revolutionise mental healthcare and create some of the earliest American mental institutions.

For such more question on mental states

https://brainly.com/question/27700694

#SPJ4

GDP is the production of the vehicles included the United States because it is a U.S. company.

The total monetary or market worth of all the finished goods and services produced within a nation's boundaries during a certain time period is known as the gross domestic product (GDP).

It serves as a thorough assessment of the state of the economy in a particular nation because it is a wide indicator of total domestic production.

Even while GDP is frequently estimated on a yearly basis, it can also be calculated quarterly. For instance, the government of the United States produces an annualized GDP estimate for both the calendar year and each fiscal quarter.

Each piece of data in this report is presented in real terms, which means that it has been adjusted for price changes and is therefore net of inflation.

Learn more about GDP, here

https://brainly.com/question/15682765

#SPJ1

Yes, the Brundtland report makes it clear that sustainable development is enabled by technological advances.

Undoubtedly, the Brundtland definition, which states that the concept of sustainability is a development that satisfies current needs without compromising the capacity of future generation after generation to satisfy their own needs, is the one that receives the most citations (WCED, 1987).

It created the fundamental ideas behind sustainable agriculture as it is now known. According to the Brundtland Report, the North's unsustainable consumption and production habits and the South's extreme poverty are the primary causes of the world's serious environmental problems.

Diagrams are frequently used to show sustainability. Economic viability, environmental preservation, and social equality are the three pillars of sustainability, according to the graphic at the top of this page.

Learn more about Brundtland  here:

https://brainly.com/question/8285049

#SPJ4

Complete question:

Do the Brundtland report makes it clear that while sustainable development is enabled by technological advances and economic viability, it is first and foremost a social construct that seeks to improve the quality of life for the world's peoples?

A)Yes, there is a significant linear correlation between these variables. B) 90.3% of the variation in demand can be explained by the linear relation to price.C)If the price was set at $9.00, you would expect to sell 715 items.

a) Yes, there is a significant linear correlation between these variables. This can be seen from the high correlation coefficient (r=0.926), which indicates a strong positive linear relationship between the two variables.

b) 90.3% of the variation in demand can be explained by the linear relation to price. This can be calculated as r^2, which gives the percentage of variation in y that is explained by the linear relationship with x. In this case, r^2 = 0.926^2 = 0.859, so 86% of the variation in demand can be explained by the linear relationship with price.

c) If the price was set at $9.00, you would expect to sell 715 items. This can be calculated using the regression equation: y = 1451 - 96x. Plugging in x=9, we get: y = 1451 - 96 * 9 = 715. Round to the nearest whole number, the answer is 715.

"Below is the scatterplot, regression line, and corresponding statistics for price (x) -vs- number sold (y) data Demand Data Price -vs- Demand x Price per item (in dollars) y Demand (number of items sold) 1600 1400 o 1200 1000 800 600 400 200 correlation coefficient: r0.926 regression equation: y-96x 1451 sample size: ? 19 sample means: x- $6.50 y826.5 10 Price per Item (in dollars) Answer the following questions regarding the relationship between price (x) and demand (y) (a) Is there a significant linear correlation between these variables? O Yes O No (b) What percentage of the variation in demand can be explained by the linear relation to price? Enter your answer as a percentage with one decimal place. (c) How many items would you expect to sell if the price was set at $9.00? Round your answer to the nearest whole number. tems."

To know more about scatterplot here

https://brainly.com/question/30017616

#SPJ4

The correct answer is  option B) Debit Deferred Revenue for $2,000; Credit Service Revenue for $2,000.

On November 1, 2021, when the company received the cash from the customer, it recorded the deferred revenue of $6,000.

Deferred revenue is an asset account that is recorded when a customer pays for goods or services in advance of their delivery, and the company is not yet able to recognize the revenue until the goods or services have been delivered.

On December 31, 2021, one month of the services have been provided and the company needs to record the revenue they earned from providing those services. The adjusting entry to record this is to debit the deferred revenue of $2,000 and credit the service revenue of $2,000.

This is done to adjust the deferred revenue to the amount that still remains unearned, and to recognize the revenue that was earned in the given month.

Complete Question:

On November 1, 2021, a company receives cash of $6,000 from a customer for services to be provided evenly over the next six months. Deferred revenue is recorded at that time. Which of the following adjusting entries is needed on December 31, 2021?

A) Debit Deferred Revenue for $2,000; Credit Cash for $2,000

B) Debit Deferred Revenue for $2,000; Credit Service Revenue for $2,000

C) Debit Deferred Revenue for $6,000; Credit Service Revenue for $6,000

D) Debit Service Revenue for $2,000; Credit Deferred Revenue for $4,000

To learn more about revenue visit:

https://brainly.com/question/29397671

#SPJ4

This transaction would be recorded as a Debit to Insurance Expense in the amount of $6,000 and a Credit to Cash in the amount of $6,000.

This double-entry accounting system ensures that both the company’s liability to the insurer and its cash balance are accurately represented in the financial reports. The Debit to Insurance Expense is used to account for the cost of the insurance coverage, while the Credit to Cash is used to account for the payment of the insurance premium.

This transaction, when recorded, will result in an increase in the company’s insurance expense and a decrease in its cash balance. The company's financial statements will reflect the transaction by showing an increase in the expense account and a decrease in the asset account.

The transaction also ensures that the company has the funds it needs to cover the insurance premium for the six months, thus ensuring that the company does not incur any unexpected expenses.

To learn more about double-entry visit:

https://brainly.com/question/2707498

#SPJ4

The five choices listed below have often been used in pricing techniques:

Cost-plus pricing involves marking up prices as you measure them.

Competitive pricing: Premiums are based on what the market is willing to pay.

Value-based pricing bases prices on how customers perceive value.

Price skimming: Increasing and then lowering a high price as the economy grows.

Pricing via penetration: Setting a low entry point price and subsequently raising it to capture a profitable market.

Despite the fact that value-based pricing assures a constant competitive advantage, I support it. Eric Dolansky suggested the following strategy to arrive at a value-based sum.

Find out how much the consumer is willing to pay for a commodity that is comparable to yours. List all the ways your product differs from those of your competitors. Give each of these differences a comparative benefit, highlight a positive aspect of your brand, and do away with any negatives before coming up with a potential pricing. Make sure the profit is higher than the consumer's costs once more.

Additionally, it is crucial to give clients with information on the nature of certain products. The item will then sell for far more than the industry standard. Maintaining a marketing strategy that places a strong emphasis on the system's effectiveness and allows customers to pay less than retail is crucial.

For such more question on pricing techniques

https://brainly.com/question/27124956

#SPJ4

Multiple associations between the employee class and the linked class can be used to model roles, relationships, or roles.

Similar to other classes, associations can also contain operations, properties, and other associations. For instance, the class Student represents a student and is associated with the class Course, which stands for a course of study. A student can sign up for a course.

Relationships in class diagrams depict how classes and classifiers interact. These connections show the interconnections between classifiers, the generalizations and realizations they represent, and the dependencies they have on other classes and classifiers.

To know more about employee class visit:-

https://brainly.com/question/28085858

#SPJ4

This superior after-sale customer service is one way that Bombas creates : customer value

Learn more about Customer value refer to :

https://brainly.com/question/14838659

#SPJ4

vidence presented at trial, there was reasonable doubt as to the defendant's guilt. This means that the judge believed that there was not enough evidence to support a conviction beyond a reasonable doubt, and therefore overturned the original verdict. The defendant may be retried or the case may be dismissed, depending on the specific circumstances.

Pay bills on time, spend less than they make,save their money and have a budget are the following that apply.

What is budget ?

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future spending and saving in addition to anticipated income and expenses.

Budget is derived from the Old French word bougette, which means "small sack." The British chancellor of the Exchequer is referred to as "opening" his budget, or container of documents and accounts, when he presents his annual financial statement.

Hence all the options that apply are :

Pay bills on time

spend less than they make

save their money

have a budget

To know more about budget here

https://brainly.com/question/18803390

#SPJ4

Environmental scanning is demonstrated here. Environmental scanning is a method for carefully reviewing and analyzing pertinent data to find external opportunities and dangers.

Identification and monitoring of internal and external variables that may have an impact on a company's long-term viability is known as an environmental scan. This step is basically when you try to create the "big picture." areas of environmental scanning

An approach called "environmental scanning" involves compiling and analyzing pertinent data in order to find external opportunities and risks that may have an impact on actions in the future. It ought to be applied as a step in the strategic planning process and is closely tied to a SWOT analysis.

Technology, law, ecology, sociology, and economy are the five primary categories of environmental scanning.

To know more about Environmental Scanning visit:

https://brainly.com/question/30115026

#SPJ4