Financial analysts are aware of the many limitations of ratio analysis as a technique of financial statement analysis. Describe the advantages and disadvantages of ratio analysis.  Explain ways that ratios may be misleading to an analyst. For example, ratios are retrospective and do not directly incorporate forecasts of future performance.

Q: Apollo Corp. has the following investment which were throughout 2021-2022: Fair Value Cost 12/31/21…

A: Unrealized gain An unrealized gain is a rise in the value of an asset that has yet to be sold for…

Q: How much is the VAT Payable in April?

A: Vat is a Value added tax, it is a consumption tax on goods and services, Vat is levied at each stage…

Q: 1. Sales Revenue should increase by 2% in 2021; 3% in 2022 and decreased by 3% in 2023 and remains…

A: Business / entities carry out overall profitability projections usually at the beginning of each…

Q: Which of the following is NOT an advantage of the valuation multiple method as compared to the…

A: Valuation multiples are financial assessment tools that compare different organizations by…

Q: A student needs P4000 per year for 4 years to attend college. Her father invested P5000 in a 7%…

A: The method of recording a firm's earnings transactions is known as accounting. Summarizing,…

Q: The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a…

A: Income statement is the financial statement that shows the revenue and expenses of the company which…

Q: Explain the role of the Central Bank and critically evaluate the advantages and disadvantages of…

A: Central Bank play an important role in countries financial stability and financial soundness of a…

Q: nnel uses tenan

A: Total cost of production of a good comprises of the total fixed cost of production and the total…

Q: Happy Selling's had the following accounts atyear end: Cash-250,000, Accounts Payable-70,000,…

A: Introduction: Current Assets: The Assets which can be easily converted in to cash with in a year…

Q: A travel agency moves to a new facility and purchases new office equipment for $56,000. Office…

A:

Q: The CEO of PDL Corporation would like to see a five-year (2023-2027) cumulative net income…

A: Income Statement is a summary of all revenues, gains and all expenses and losses incurred during…

Q: Who are the parties potentially affected by this audit and the fee plan proposed? What are the…

A: Disclaimer : “Since you have posted a question with multiple sub-parts, we will solve first…

Q: Bennett Inc. issues 100 4% coupon, $1,000 par value bonds maturing in 5 years. The bonds are issued…

A: Par value = 100×$1000 =$100000 Total discount on issue of bond = Par value - Issue price = 100000 -…

Q: Required: Describe what this information indicates about the differences in approach between the two…

A: Personal services mean to focuses on the benefits of the company. These services include a higher…

Q: If Apollo Company acquired a 30% interest in Twin Company on December 31, 2021 for P202,500 and…

A: GIVEN Apollo Company acquired a 30% interest in Twin Company on December 31, 2021 for P202,500 and…

Q: Identify and discuss the factors that affect the focus and practice of cost management.

A: The practice of managing and organizing the expenses associated with running a firm is known as cost…

Q: Cash Receipts Budget and Accounts Receivable Aging Schedule Shalimar Company manufactures and sells…

A: Following calculations by making table has been done for the required information in the…

Q: Complete the table below considering the following information: Gross Sales increases by 1.5% in…

A: Gross Sale increases by 1.5% in 2021,3.5% in 2022,6% in 2023, and 10% in 2024 Gross Profit is 42%…

Q: TBA, Inc., manufactures and sells concrete block for residential and commercial building. TBA…

A: Budgeted Statements are prepared to estimate the future figures and calculate the variances by…

Q: The following data relate to Alpha Company: 2018 2017 Sales P500,000 P400,000 Cost of Goods Sold…

A: Under horizontal analysis, intra firm data of different period is compared to analyse the impact of…

Q: ABC Co. was incorporated in Canada in 2015, however, it never did business in Canada. It had a…

A: A Canadian-resident corporation is subject to provincial or territorial corporate income tax if it…

Q: OA. weighted-average OB specific identification O C. last-in, frst-out OD. first-in, first-out

A: Introduction:- The following four accepted methods of costing items as follows under:- Specific…

Q: Pol Corp. acquired 80% of Gas Corp. on January 1, 2020.  Pol Corp. purchased inventory for P280,000…

A: The question is related to Consolidated Financial Statements. The details of the question are as…

Q: Mocha Company manufactures a single product by a continuous process, involving three production…

A: Process costing is the one in which the costs are allocated to the product in every process of…

Q: A small coffee shop currently offers a cup of cafe latte for P109. The variable costs are P60 per…

A: Break even point means a situation where the is neither profit nor loss. Sales revenue is sufficient…

Q: 20X0 company B shows a book value of tangible fixed assets of 220.000 €. During the year 20X0,…

A: Fixed tangible assets account discloses information relating to opening balance of fixed tangible…

Q: On January 1, 2021, Pepita Corporation purchased 25% of the outstanding voting shares of Pablito…

A: These are the accounting transactions that are having a monetary impact on the financial statement…

Q: Question 44, You hold a call option on Pear Corp.'s common stock. The call option has a strike price…

A: Call option is one form of future contract under which option is being given to the buyer to…

Q: Jupiter Corporation earned net income of S$90,000 this year. The company began the year with 600…

A: Formula used: Weighted average number of shares = Number of shares issued x Time period

Q: Lame Corporation generated a 1.20 total asset turnover in its total assets of P2,000,000.  The…

A: Sales = Total assets x Asset turnover = P2,000,000 x 1.2 = P2,400,000   Profit = Sales x Profit…

Q: How much is the amount reported as Cther Income?

A: Other income is the income which a business or a company has earned during  the year which has come…

Q: At the start of 2021, X Company developed the following budgeted total cost function: $9.52X +…

A: Total Cost in a flexible budget is based on the actual number of units produced.   In the given…

Q: The following information was available from the inventory records of Apollo Company for January:…

A: Formula: Inventory value at year end = No. of units in ending inventory x Average cost per unit…

Q: 1 Dollar General reported stronger than typical earnings with annual sales of $2,000,000 per store…

A: Profit margin is one of the measure of profitability of the business. This is calculated by dividing…

Q: XYZ Corp issued a 5-year 5% bond i $800 original issue price, and a 7% y

A: Future annuity – suppose an equal sum of money is invested in the bank on a recurring basis what…

Q: The following is the Balance Sheet of Lila Ltd. as on .31.12.2814. Amount ($) Assets Amount ($)…

A: The term balance sheet refers to a financial statement that reports a company's assets, liabilities,…

Q: Which of the following statements is incorrect with respect to the ethical branch of stakeholder…

A: Stakeholder theory is the theory which states how well an organization can do better in their…

Q: C = 250 + 0.30Y4 = 250 + 0.30(Y – T) I = 200 G = 500 T = 250 Key in all answers in 2-decimal places:…

A: The correct answer for the above mentioned question is given in the following steps for your…

Q: During 2019, ABC Company issued 50,000, P100 par value convertible preference shares for P120 per…

A: Step 1 ABC Company issued 50,000, P100 par value convertible preferenceshares for P120 per share…

Q: Which of the following would be the best choice for CFC to do to raise the money it needs?

A: As per our protocol we provide solution to only one question if in case of multiple questions and…

Q: III. Find the Net Price rate (or complement of discounts), Net Price, and Total discount. Round to…

A:

Q: What is the accounting treatment of each adjustment in the Balance Sheet (Statement of Financial…

A: Date Particular Debit Credit 31.12.2019 Land (530,000-500,000)…

Q: The following data pertain to Charlie Company for the year ended December 31, 2018: Accounts Payable…

A: GIVEN   The following data pertain to Charlie Company for the year ended December 31, 2018: Accounts…

Q: For the month of December, the records of Taboo Corporation show the following information: Cash…

A: Gross sales = Cash sales + Credit sales where, Credit sales = Ending Accounts Receivable + Cash…

Q: Question 5. Orange, Inc. is a corporation listed on the New York Stock Exchango (NYSE). Which of the…

A: Since you have posted multiple questions, as per answering guidelines we shall be solving first…

Q: You plan to fina

A: future annuity – suppose an equal sum of money is invested in the bank on a recurring basis what…

Q: Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as…

A: Cumulative Preference dividend - Cumulative Preference dividend is the dividend which is…

Q: Question Content Area Marketing Expense Budget Timothy Donaghy has developed a unique formula for…

A: Budgets are the forecasts or estimates that are made for future period. With the help of standards…

Q: an ind

A: An income(sum of all total income) that can be received by a person in a full year is termed gross…

Q: Debby Ventures uses the perpetual inventory system and had the following sales transactions during…

A: Perpetual inventory system is that inventory system under which all purchase and sale of inventory…