Horizontal analysis is analysis in which:
A) financial statement lines are expressed as a percent of the base (earliest) year.
B) all items are presented as a percentage of one selected item on the financial statement.
C) a statistic is calculated for the relationship between two items on a single financial statement or for two items on different financial statements.
D) ratios are presented for the past two accounting periods.
A
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What should be the formula in B6?
a) =B5*(B1-B2)/B3
b) =B5*B1-B2/B4
c) =B5*(B1-B2)/B4
d) =B5*(B2-B3)/B4
e) =B5*(B1-B3)/B4
The Securities Exchange Act of 1934 required that all publicly traded firms with at least _____ shareholders and $10 million in assets file quarterly and annual financial reports with the Securities and Exchange Commission (SEC).
A. 10,000 B. 6,000 C. 100 D. 500
Rita eats Salsa Caliente made and sold by Salsa Zest Corporation and becomes ill. Rita files a suit against Salsa Zest, alleging that itsproduct was not merchantable. Merchantable food is food that is fit to eat on the basis of
a. consumer expectations. b. what constitutes a perfect condition. c. its maker's intentions. d. its producer's experience.
Assume S = $43, K = 45, div = 0.0, r = 0.09, ? = 0.36, and 90 days until expiration. What is the premium on an Asian average strike put where N = 3?
A) $0.26 B) $0.36 C) $0.46 D) $0.56