Financial Ratios help to identify some of the financial strengths and weaknesses of a company. What are two ways that the ratios provide for making meaningful comparisons of a firm's financial data?a. Smoothing out differences when comparing firms that use different accounting practices and restating accounting data in relative terms.b. Identifying year over year changes in balance sheet and income statement items.c. Examining ratios across time to identify trends and comparing the firm's ratios with those of other firms.d. Determining how long it takes to collect the firm's receivables and how long it takes to pay it accounts payables.

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Answer 1
Answer:

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


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The least expensive type of life insurance is _____. whole-life insurance term insurance endowment life insurance limited-payment life insurance

Answers

I believe the answer is: Term insurance

Term insurance is significantly cheaper compared to other type of insurance because it only cover risk plan without considering potential return in the future.
The amount of term insurance usually paid at a fixed rate on a limited period of time.

Final answer:

Term insurance is the least expensive type of life insurance because it only covers a specific period of time, unlike whole-life, endowment, or limited-payment life insurance which cover the insured's whole life.

Explanation:

The least expensive type of life insurance is generally term insurance. This kind of insurance is less expensive than whole-life, endowment, or limited-payment life insurance because it covers a specific term, or period of time, rather than the insured's entire lifetime. Term insurance pays out only if the insured dies during the term of the policy. For example, if a person buys a term insurance policy for 20 years and dies within that time, the policy will pay out. If they live beyond the 20 years, the policy ends and no payout is made.

Learn more about Term insurance here:

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A method of allocating merchandise cost that assigns the most recent purchased costs to the ending inventory shown on the balance sheet is called thea. last-in, first-out method.
b. first-in, first-out method.
c. specific identification method.
d. weighted-average method.

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The answer is B. First in, first out method

Or commonly known in accounting as the FIFO method, is inventory valuation method where the first goods purchased by company is also the first goods sold.

By doing that, this will make the last goods purchased ( the most recent purchased) by the company became company ending inventory.


Janice plans on pursuing a teaching degree in college. Her only option for funding her college education is to apply for loans. Should Janice apply for a federal or a private loan? Why?Select the best answer from the choices provided.
A. a private loan because she may qualify for loan forgiveness
B. a federal loan because she may qualify for loan forgiveness
C. a private loan because she does not have to pay it back
D. a federal loan because she does not have to pay it back

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A because  a lot of times depending on your degree they will automatically give you loan forgiveness, espicially going into a high attending job such as teaching.

On January 2, 2018, Schneider Company issues $100,000 of 6% bonds. Interest of $3,000 is payable semi-annually on June 30 and December 31. The bonds mature in 5 years. The bonds issued for $95,842 with an effective interest rate of 7%. Effective interest recognized on June 30, 2018, using the effective interest method, will be equal to (round to the nearest full dollar)

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Answer:

$3,354.

Explanation:

$95,842 * 0.035 = $3,354.

Grace makes $2,200 per month. She spends $300 on credit card payments, $120 per month for a furniture purchase, and $450 on an auto loan. Does she have excessive debt?

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if you add 300+120+450 you will get 870 so just subtract. 2,200-870 to get 1330

The Council of Economic Advisersa. is an independent agency with broad regulatory powers.
b. determines the Fed's monetary policy.
c. advises the president on economic developments and strategy.
d. advises Congress on economic developments and strategy.

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C. Advises the president on economic developments and strategy. The Council of Economic Advisers is an agency that advises the U.S. President on economic policy. It functions under the Executive Office of the President. It provides empirical study and prepares the annual Economic Report of the President .