Which of the following does not represent a problem with financial analysis?
a. Financial statement analysis is an art; it requires judgment decisions on the part of the analyst.
b. Financial analysis can be used to detect apparent liquidity problems.
c. There are as many ratios for financial analysis as there are pairs of figures.
d. Some industry ratio formulas vary from source to source.
e. Adequate detailed disclosure of how the industry ratios are computed is often lacking.
B
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Answer the following statement true (T) or false (F)
McAfee Security and Symantec are both anti-virus software vendors.
Answer the following statement true (T) or false (F)
The additional output associated with the employment of one additional human resources unit, with other production factors held constant, is known as the:
A. marginal product of labour B. net profit margin C. future price D. marginal review of labour E. marginal cost of labour
Which of the following will be categorized as a financing activity on the statement of cash flows?
A) Cash received by selling old equipment B) Cash paid for purchase of new machinery C) Cash paid for purchase of office supplies D) Cash received from issuance of shares of common stock