Horizontal analysis is performed by:

a. comparing expenses with incomes.
b. computing and comparing ratios over the years.
c. comparing ratios with industry standards.
d. computing dollar and percentage changes in financial statement items.


d

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Rewards given as contest prizes to brokers, retail salespeople, retail stores, wholesalers, or agents would be considered a:

A) trade allowance B) trade contest C) cooperative merchandise agreement D) drop-ship allowance

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________ is a rule which provides that an action for breach of any written or oral sales or lease contract must commence within four years after the cause of action accrues

A) Perfect tender rule B) Specific performance decree C) Replevin D) Statute of limitations

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In the EOQ model, the optimal order quantity is the amount at which the ______.

A. total annual ordering costs are at a minimum B. total holding costs are at a minimum C. sum of the total annual ordering costs and the total annual holding costs is at a minimum D. difference between the total annual ordering costs and the total annual holding costs is at a maximum

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Using the following information: CoefficientsIntercept-12.8094Independent variable2.1794ANOVA     dfSSMSFRegression112323.5612323.5690.0481Residual81094.842136.8550 Total913418.4  What is the correlation coefficient?

A. 0.9004 B. 0.9583 C. ?0.9583 D. 0.9184

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