Afirm's current ratio has steadily increased over the past 5 years, from 1.9 five years ago to 3.8 today. what would a financial analyst be most justified in concluding? a. the firm's fixed assets turnover probably has improved. b. the firm's liquidity position probably has improved. c. the firm's stock price probably has increased. d. each of the above is likely to have occurred. e. the analyst would be unable to draw any conclusions from this information.
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Business, 21.06.2019 21:30
Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.
Answers: 1
Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
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Afirm's current ratio has steadily increased over the past 5 years, from 1.9 five years ago to 3.8 t...
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