When the figures on financial statements are analyzed in terms of their relationship to one another, this is called:
a. ratio analysis.
b. pro forma analysis.
c. balance sheet analysis.
d. cash flow analysis.
A
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In a job interview, it helps to be ready with an anecdote about each post on your resume
Indicate whether the statement is true or false
Singer and McMann are partners in a business. Singer's original capital was $40,000 and McMann's was $60,000. They agree to salaries of $12,000 and $18,000 for Singer and McMann respectively and 10% interest on original capital. If they agree to share remaining profits and losses on a 3:2 ratio, what will McMann's share of the income be if the income for the year was $15,000?
A) $6,000 B) $9,400 C) $12,600 D) $14,000
Which large U.S. nonprofit has "gone international" – establishing major international operations?
a. The Salvation Army b. Habitat for Humanity c. Komen Race for the Cure d. The Arthritis Foundation e. Easter Seals
Congress passed the ________ to help curb financial abuses at companies that issue their stock to the public.
Fill in the blank(s) with the appropriate word(s).