Determining whether a firm's financial position is improving or deteriorating requires analysis of more than one set of financial statements. Trend analysis is one method of measuring a firm's performance over time.
Answer the following statement true (T) or false (F)
True
An evaluation of changes (trends) in a firm's financial position over a period of time, perhaps years, is called trend analysis. See 2-3: Financial Statement (Ratio) Analysis
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A ________ is hardware or software that acts as a filter to prevent unwanted packets from entering a network
A) firewall B) virtual private network C) proxy server D) PPTP
The business judgment rule states that corporate directors and officers are liable to the corporation or its shareholders for even honest mistakes of judgment.
Answer the following statement true (T) or false (F)
Scenario B. Paul and his wife are investigating the possibility of starting a new restaurant in Beaufort, a small town in the South Carolina low country. It has been Paul's lifelong dream. Paul has won a lottery and is trying to decide if this is what he wants to do with the prize money. He decides to do an analysis of the competitive environment. After his analysis, he discovers several important issues. First, it will cost most of Paul's lottery winnings to finance a restaurant in Beaufort. Second, it will be difficult to attract new customers because they have so many eating choices available to them in Beaufort and the surrounding towns. Finally, the competition in the restaurant industry is considered fierce by industry analysts and this is frightening to someone, like Paul, who has
never worked in that industry.Which of the following factors would Paul have considered while analyzing the competitive environment? A. economic factors B. legal factors C. technology D. substitutes E. demographics
As markets mature,
A. costs continue to increase. B. differentiation opportunities increase. C. application for patents increase. D. there is increasing emphasis on efficiency.