The footnotes in the annual report should be reviewed to determine the significant accounting rules used.
The footnotes in an annual report provide additional information about a company's financial statements, including the significant accounting rules used. By reviewing the footnotes, investors and analysts can gain a deeper understanding of how the company has prepared its financial statements, including the specific accounting policies and methods used.
This information can be critical in evaluating the company's financial performance and potential risks. For example, changes in accounting policies or the use of estimates can have a significant impact on reported earnings or financial position.
Therefore, a thorough review of the footnotes can help investors make informed decisions about whether to invest in the company or not.
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Imagine that you’re a dental hygienist. While cleaning a client's teeth you ask what flavor toothpaste to use and they say "orange," but you accidentally use cinnamon. The next day the client writes a bad review online, saying you didn't listen to them. Bad reviews are bad for your business. You need to figure out a way to communicate an apology to the client. How will you reach out and what will you say?
Answer: try finding your client online
Explanation:
most often than not, a person with become angry when not getting their way, so try to explain the you client that you are human, and that we all make mistakes
Review the changes in each company and describe them thoroughly in a Word document. Explain how the change impacted the companies and who it impacted. Compare some of the similarities and differences between the change in the JP Morgan Chase and Bank of America.
JP Morgan Chase and Bank of America are two prominent financial institutions that have undergone various changes over time. Here are some examples of significant changes in each company:
JP Morgan Chase:
Acquisition of Bear Stearns: In 2008, JP Morgan Chase acquired Bear Stearns, a global investment bank and brokerage firm. This acquisition allowed JP Morgan Chase to strengthen its position in the financial market and expand its investment banking capabilities.
Integration of Washington Mutual: In the same year, JP Morgan Chase also acquired the banking operations of Washington Mutual, which was one of the largest savings and loan associations in the United States. This integration helped JP Morgan Chase to expand its retail banking presence and customer base.
Technology and digital transformation: JP Morgan Chase has been investing heavily in technology and digital initiatives to enhance customer experience and streamline operations. This includes the development of mobile banking apps, online platforms, and the adoption of advanced technologies like artificial intelligence and blockchain.
Bank of America:
Acquisition of Merrill Lynch: In 2009, Bank of America acquired Merrill Lynch, a global wealth management and investment banking firm. This acquisition allowed Bank of America to expand its wealth management division and gain a stronger foothold in the investment banking industry.
Branch network optimization: In recent years, Bank of America has focused on optimizing its branch network by closing underperforming branches and investing in technology-driven banking services. This shift reflects the evolving preferences of customers towards digital banking channels.
Environmental and social initiatives: Bank of America has made efforts to prioritize environmental and social sustainability. They have implemented various initiatives, such as reducing greenhouse gas emissions, supporting renewable energy projects, and promoting responsible lending practices.
These changes have had significant impacts on both companies and various stakeholders, including employees, customers, and shareholders. They have influenced the companies' market positioning, financial performance, customer experience, and overall business strategies.
When comparing the changes in JP Morgan Chase and Bank of America, some similarities and differences can be observed.
Similarities:
Both companies have pursued strategic acquisitions to strengthen their market position and expand their service offerings.
They have prioritized technology and digital transformation to enhance customer experience and drive operational efficiencies.
Both companies have shown commitment to environmental and social initiatives, although the specific approaches and focus areas may differ.
Differences:
JP Morgan Chase has a stronger focus on investment banking and has made significant acquisitions in this space, while Bank of America has a larger retail banking presence.
Bank of America has placed more emphasis on optimizing its branch network and investing in digital banking, while JP Morgan Chase has focused on broader technology-driven initiatives.
The specific environmental and social initiatives undertaken by each company may differ in terms of scope and impact.
These are just a few examples of the changes and comparisons between JP Morgan Chase and Bank of America. A more comprehensive analysis would require a detailed review of their respective strategies, financial reports, and industry trends.
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Record the following transactions of Sumanto, Kochi in Two-column Cash Book and balance the book on 31st January, 2018: 2018 Jan1. Cash balance Rs.1,000, Jan1. Bank balance Rs.14,500 Jan1. Cash received from sale of shares* Rs.60,000 Jan2. Paid into bank Rs.50,000 Jan3. Purchased goods from M/s.Agarwal and Co. Rs.13,000 Jan4. Paid wages Rs. 2,500. Jan5. Received from Mohan a cheque for Rs.9,800 against due of Rs.10,000 in full settlement of his account. Jan8. Mohan’s cheque deposited into bank Jan14. Paid for stationery Rs. 500. Jan18. Bought goods Rs.6,720 Jan19. Paid Shyam by cheque Rs.3,700. Discount received from him Rs.300. Jan20. Drew from Bank Rs.3,000 Jan22. Cash drawn from Bank for personal use Rs.2,000. Jan24. Cash Sales,Rs. 1,900. Jan27. Received from Sharma Rs.18,000. Discount allowed Rs.500. Jan28. Deposited cash into Bank Rs.15,000. Jan28. Gave cheque for cash purchases Rs.2,240 Jan30. Paid rent by cheque each Rs.2,000
Answer:
Sumanto, Kochi
Two-Column Cash Book
Date Description Cash Bank Dis. Date Description Cash Bank Dis.
All'd Rec'd
Jan. 1 Balance 1,000 14,500 Jan. 2 Bank 50,000
Jan. 1 Shares 60,000 Jan.14 Stationery 500
Jan. 2 Cash 50,000 Jan.18 Purchase 6,720
Jan. 8 Mohan 9,800 200 Jan.19 Shyam 3,700 300
Jan.20 Bank 3,000 Jan.20 Cash 3,000
Jan.24 Sales 1,900 Jan.22 Drawings 2,000
Jan.27 Sharma 18,000 500 Jan.28 Bank 15,000
Jan.28 Cash 15,000 Jan.28 Purchases 2,240
Jan.30 Rent 2,000
Jan.30 Balance 11,680 76,360
83,900 89,300 700 83,900 89,300 300
Feb. 1 Balance 11,680 76,360
Explanation:
Sumanto, Kochi's two-column Cash Bank shows two columns for cash and bank on the debit and credit sides and also the discount allowed and discount received on the debit and credit sides respectively.
Write a biography about a famous person of Nepal...
Explanation:
Parijat (Nepali: पारिजात) was a Nepalese writer. Her real name was Bishnu Kumari Waiba (Waiba is a subgroup of Tamang) but she wrote under the pen name Parijat (Parijat is a night-flowering fragrant jasmine flower). Her most acclaimed publication is Shiris Ko Phool (The Blue Mimosa), which has also been adapted in the literature curriculum of some colleges in some English-speaking countries like United States, England etc. Some of the notable universities where Parijat's Shirish Ko Phool was adopted as curriculum in the University of Maryland, USA.
Answer:
● Gautama Buddha. 0563 BC. Founder of Buddhism.
● Tenzing Norgay. 29 May 1914. Mountaineer.
● Anatoli Boukreev. 16 January 1958. Mountaineer.
● Gyanendra Bir Bikram Shah Dev. 07 July 1947. ...
● Chandra Bahadur Dangi. 30 November 1939. ...
● Birendra of Nepal. 28 December 1945. ...
● Sandeep Lamichhane. 02 August 2000. ...
● Amrita Acharia. 31 July 1987.
Explanation:
I HOPE IT'S HELPG free ltd intends reducing the number of suppliers they use by 50% analyse how reducing the number of suppliers could imporve g-free lts future operational performance
Answer:
It has to buy gluten free raw material to retains its customers because customers are willing to pay premium price for this feature. If there will be few supplier at G-Free Ltd will be able to focus on maintaining better and long term relationship with them.
Explanation:
G-Free Ltd has intended to reduce number of suppliers to improve its operational performance. It can grow its business and save cost from buying in bulk from a few suppliers. There will be less risk for procurement of raw material with gluten because there only few suppliers who will be providing raw material.
The purchase of a group of plant assets for one price is called a ______ purchase. Multiple choice question. lump-sum extraordinary betterment fixed-rate
Answer: Lump-sum purchase
Explanation:
A single whole sum of money is referred to as a lump sum. A lump sum investment is one in which the entire cash is made at once. Hence option A is correct.
What is Lump sump ?For instance, a mutual fund investment will be referred to as a lump sum if the investor is willing to put the entire quantity at his disposal in the mutual fund.
When multiple assets are bought for one price, this is known as a lump-sum buy. The purchase money is divided among the numerous acquired assets according to their fair market values, and each asset must be recorded separately as a fixed asset in the accounting records.
A single sum of money used to purchase a collection of things is frequently referred to as a lump sum payment. For illustration, a business the inventory and equipment of a small manufacturer going out of business must be purchased for $50,000. There were no other information provided in the transaction. The $50,000 is being paid all at once.
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if a loan isn‘t repaid, the__ of the borrower—used as security for the debt—could be sold by the lender.
If the loan is not repaid, the collateral of the borrower - used as security for the debt - could be sold by the lender.
What is collateral?Collateral is the asset that a lender accepts as security for extending a loan. If the borrower doesn't make payments, the lender may take the security. Simply put, collateral is something of value that a lender may take from a borrower if the latter fails to repay a loan in accordance with the terms set forth.
It is an asset or other type of tangible property that the borrower possesses, such as a home, animals, a car, etc. The borrower receives loans from the banks based on these assets. The lender has security provided by the collateral. Therefore, collateral serves as a guarantee to the bank so that, in the event that the borrower defaults on the loan, the bank may sell the collateral and recover the loan balance.
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The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of
Inflation
monetary policy
Debt management
Loans
Answer:
The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:
monetary policy
Explanation:
The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.
which fire department-related facility stores items needed on a daily basis by the fire stations and offices, houses nonmotorized equipment, and repairs hose?
Warehouse/central stores. An institution that offers services for fire prevention and suppression is known as a fire department or fire brigade, often referred to as a fire authority, fire and rescue, or fire service in some places.
Fire departments are a component of the community. In the United States, there are over 31,000 municipal fire departments and over a million firemen, of whom about 750,000 work as volunteers. Small, rural villages with less than 5,000 persons are protected by more than half of firemen, and many places depend on volunteer departments with limited funding. The development of mutual aid agreements to share resources is one of the greatest approaches for these places, which are outside of big urban centres. This strategy enhances readiness for and reaction to fires and other catastrophes.
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The first version of Windows to have a Start button and taskbar was?
Windows Vista
O Windows 95
Windows Millennium Edition
O Windows XP
Attempting to determine how much insurance a family would require based upon their financial objectives is known as
The term that is used to refer to determining the amount of insurance a family would require based on their financial objectives is "insurance needs analysis."
Insurance needs analysis is the process of determining how much insurance an individual or family needs based on their financial objectives. This is accomplished by assessing their current financial situation, as well as their future financial goals, in order to determine the amount of protection they require. The following are some of the financial objectives that might be used to determine how much insurance is necessary:
To provide for family needs and maintain the family's standard of living.
To pay off existing debts such as mortgages, car loans, and other loans.
To make sure children have access to the education they require.
To cover final expenses such as funeral costs and estate taxes.
To ensure that business interests are safeguarded.
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Picture frames selling at $45 each have a variable cost is $15 each. The fixed costs of operating the shop are $7,500 per month. Given this data, the break-even point in number of units is: ___________
a. 650.
b. 500.
c. 475.
d. 250.
The break-even point in number of units is 250. Option D is correct.
The break-even point is the level of sales or production where the total revenue received by a business is equal to its total costs. At this point, the business is neither making a profit nor sustain a loss. The break-even point can be calculated by analyzing the relationship between fixed costs, variable costs, and revenue.
To calculate the break-even point in number of units, we can use the formula;
Break-even point (in units) =Fixed costs/(Price per unit - Variable cost per unit)
Plugging in the given values, we get;
Break-even point (in units) = $7,500 / ($45 - $15)
= $7,500 / $30
= 250 units
Therefore, the break-even point in number of units will be 250.
Hence, D. is the correct option.
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Larry lives in a rundown house next to the lot that Gus has claimed and is tired of the incessant noise coming from Gus's camper, including loud music and TV. In addition, Gus hosts crazy dance parties outside of his camper every night. This has been going on for three months, and Larry can't take it any longer. Gus's activities represent _____. trespass trespass nuisance nuisance negligence negligence fraud
Answer:
nuisance
Explanation:
why is it difficult to compare the financial statements of a u.s. company with those of a company in india or germany?
Financial statements are written records that convey the commercial enterprise sports and the economic performance of a corporation. financial statements are often audited through government corporations.
Economic statements offer a photograph of a business enterprise's financial health, giving insight into its overall performance, operations, and coins flow. economic statements are important considering that they offer statistics approximately a company's sales, fees, profitability, and debt.
The monetary statements are used by traders, market analysts, and lenders to evaluate a company's monetary fitness and earnings potential. The three fundamental monetary announcement reviews are the stability sheet, profits statement, and declaration of cash flows. now not all financial statements are created similarly.
Facilitates investors in choice making: monetary statements include all of the crucial statistics required through the ability investors for figuring out how a whole lot they need to invest in the commercial enterprise. it's also helpful in choice making concerning the price in line with proportion that the buyers want to make investments.
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What part of the business letter contains the return address
a) Inside address
b) Body
c) Heading
d) Complimentary close
Answer:
its Heading beacuse you are putting your name and the date
Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)
Answer:
the percentage is 14.79%
Explanation:
The computation of the percentage is shown below:
= Raise salary ÷ annual salary
= $5,500 ÷ $37,200
= 14.79%
Hence, the percentage is 14.79%
We simply applied the above formula so that the correct percentage could arrive
the cost of estimated accounts receivable that will not be collected is referred to as
Answer: bad debt expense
Which one of the following is most likely to result in an increase in producer surplus in the market for cow's milk? (WITH EXPLANATION PLEASE)
A) consumers switching from cow's milk to soya milk
B) health care highlighting problems of consuming cow's milk
C) an advert highlighting the benefits of cow's milk
D) an increase in indirect taxes charged on cow's milk
global expansion: a. does not involve selling existing products to new markets in different countries. b. is not feasible for service-based firms. c. can enable companies to increase their profitability and grow their profits more rapidly. d. is feasible only for non-technology-based companies. e. has significantly decreased in the recent years as the industry barriers are now higher.
Global expansion c. can enable companies to increase their profitability and grow their profits more rapidly.
What is global expansion?Global expansion can ber described as the process by which companies from one market this can be raerded as their home market and expand operations into a foreign market .
It should be noted that the Global expansion posses the potential to raise your business to new heights however it position the business up to international markets, global talent, and most importantly, opportunities for growth and bringing growth to the company and its services globally is a strategic business move.
Therefore, option C is correct.
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1. What is speculative risk?
A. a formula that measures profit and loss.
B. gain or increase in money and assets.
C. loss of money or decrease in value.
D. a category of risk that results in an uncertain degree of gain or loss.
2. Which of these can you invest in without assuming any risk?
A. stocks
B. none
C. property
D. bonds
3. Which of these choices is not possible with speculative risk?
A. financial loss
B. financial gain
C. guaranteed success
D. breaking even
4. Which is a risk control strategy?
A. avoidance
B. reallocation
C. rearrangement
D. amplification
5. Which is an example of risk retention?
A. having deductibles
B. keeping a fire extinguisher in your kitchen
C. quitting smoking
D. starting an exercise routine
Answer:
1. D
2.B
3.C
4.A
5.A
Explanation:
100% CA
Speculative risk is a category of risk that results in an uncertain degree of gain or loss. Thus, option D is the correct option.
What is the speculative risk?Speculative risk is a type of risk that can be chosen willingly and has a profit-or-loss outcome. Every speculative risk is one that is actively chosen to be taken. Nearly all financial investing operations include some level of speculative risk since the success or failure of such endeavours is ultimately unpredictable. Pure risk, a type of risk where the sole consequence is loss, can be combined with speculative risk.
Speculative risk is not pure risk, which includes the prospect of just a loss and no opportunity for profits, because there is the possibility of a sizable gain despite the high degree of risk. A certain amount of speculative risk is included in almost all investing operations. When the fundamentals do not immediately demonstrate strength or a viable business plan, an investment is considered speculative. Instead, the trader anticipates that other factors might drive up the price or that the future would have more promise than the present.
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What is the Federal Reserve System able to do?
A. Mandate that the government create new jobs
B. Provide loans to individuals
C. Provide loans to banks
D. Encourage individuals to spend more money
Answer:
c
Explanation:
The federal reserve systems responsibilities include influencing the supply of money and credit to banks
Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(n) _____ basis
Answer:
Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a SALARY basis. Salary system of compensation is often based on qualifications, seniority, experience and the degree of difficulty of the job that the staff is executing.
: Flooring Materials (30 Marks / Minimum word count: 400 words). 2. You are the manager of a LCSD (Leisure & Cultural Services Department) park, in which you are in charge of a project to build an outdoor soccer pitch in the park. As three types of flooring materials are considered to be used in the soccer pitch, including grass, artificial grass, and cement, discuss the advantages and disadvantages of these three types of materials. (18 marks). And based upon this analysis, which type of materials would be used in the soccer pitch? (3 marks) Why
Artificial grass would be the suitable choice for the soccer pitch due to its durability, consistent playability, and lower maintenance requirements.
Which flooring material would be suitable for the outdoor soccer pitch in the LCSD park: grass, artificial grass, or cement, based on their advantages and disadvantages?In the context of building an outdoor soccer pitch in an LCSD park, the advantages and disadvantages of three flooring materials—grass, artificial grass, and cement—must be considered.
Grass offers a natural and authentic playing surface but requires high maintenance and is vulnerable to weather conditions.
Artificial grass requires less maintenance, provides consistent playability, and can be used in all weather conditions, but may have a different feel and higher initial costs.
Cement offers durability and low maintenance but poses higher injury risks and lacks shock absorption.
Based on these factors, artificial grass appears to be a suitable choice for the soccer pitch as it provides durability, consistent playability, and lower maintenance requirements, making it appropriate for continuous use and resilience in various weather conditions, while still offering a natural aesthetic for the park environment.
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When working with text boxes and shapes, which tab contains settings for applying shadows and 3-D rotation to objects?
Fill & Line
Effects
Size & Properties
Picture
Answer:
B) Effects
Explanation:
In Microsoft Presentation the shadows and 3-D rotation option are available inside the Home tab. This option is used to provide special effects on the slides. and other options are not correct that can be described as:
The fill & Line both option working is different from each other the fill option used for fill color in shapes and the Line is used to provide a line in the presentation.The Size & Properties option is used to change the size and property of an object.The picture option is used to insert a picture or modify a picture in the presentation.
Answer:
Effects
Explanation:
A company's ____________ are the priorities, principles, and beliefs that guide the company. A. Strengths B. Demographics C. Values D. Opportunities Please select the best answer from the choices provided A B C D.
Answer:
I would say its C: Values
Explanation: I own three stores and trust me the most important part about a company is the value.
Answer:
c <3
Explanation:
If running a cable tv ad seven times daily for a week generated 1,800 ticket sales, how long should the stadium run the cable ad in order to reach a target of 27,000 tickets?
Answer:
15 weeks
Explanation:
They run the add 7 times per 1 day for a week (7 days) which makes $1,800
1800/7=257.14 /7 again for 7 times that day =$36.73
They make $36.73 per one ad.
1800*15=27,00 so it would take 15 weeks to sell the 27,000 tickets
If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. This is known as ___________________
Answer:
A shortage
Explanation:
If the price is below the equilibrium level, then the quantity demanded will exceed the quantity supplied. This is known as market shortage.
What is market shortage?This is a state that occurs in an economy where the quantity that is demanded of a good is more than the quantity that is supplied.
When this issue exists, customers are unsatisfied because they cannot buy the quantity of goods that they want.
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When new college graduate Sami Hensen goes to visit her Great-Aunt Gertrude, she is surprised when the older relative tells her she is soon leaving on a cruise with friends. Sami cannot imagine how her great-aunt can afford such luxury, while living in a nice house in a peaceful neighborhood, and wonders if her aunt’s mental capacities are failing her. At her gentle inquiry about the costs, her Great-Aunt Gertrude laughs away her concern, telling her that she has been receiving monthly checks out of the equity she has in the home. Now Sami really thinks her old aunt is off her rocker! If Great-Aunt Gertrude is correct, which of the following statements is true of this situation?A. Gertrude has a Package Mortgage, which is commonly used in situations of people who are "house rich, cash poor." This type of loan is common for senior citizens.B. Gertrude has a Wraparound Mortgage, which provides for extra cash-in-hand.C. Gertrude has a fully-amortized loan, so she receives a monthly dividend.D. Gertrude has a Reverse Annuity Mortgage, which is a loan that must be repaid upon the owner’s death, if she moves elsewhere, or upon the sale of the property.
Answer: Gertrude has a Reverse Annuity Mortgage, which is a loan that must be repaid upon the owner’s death, if she moves elsewhere, or upon the sale of the property.
Explanation:
A reverse annuity mortgage is referred to as a loan secured against the value of the home of a person which allows the owner cash in on some of the equity of the home without the person selling the house. This is what Simi's aunt is enjoying.
Therefore, the correct option is D "Gertrude has a Reverse Annuity Mortgage, which is a loan that must be repaid upon the owner’s death, if she moves elsewhere, or upon the sale of the property".
In general, learning objectives
a. are made up of tables, charts, and graphs for analyzing.
b. contain quizzes and exercises for students to work through.
c. summarize the most important ideas in the chapter at the end.
d. are the main ideas you can expect to learn from reading the chapter.
In general, learning objectives at the end of a chapter summarise its key points.
What is the meaning of the learning objective?With the aid of a student learning objective, a teacher is able to measure their effect on students' achievement as it relates to a certain academic or elective criterion.
Effective learning requires the presence of learning objectives, also referred to as learning outcomes. They aid in articulating what the students should be able to perform after the instruction, which helps to create more successful lesson plans, activities, and evaluations.
Learning objectives are declarations that detail important knowledge that students have acquired and may credibly demonstrate at the conclusion of a course or programme. In other words, learning objectives specify what the student will be aware of and capable of performing at the conclusion of a course or programme.
Therefore, the correct answer is option c. summarize the most important ideas in the chapter at the end.
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QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25