Horizontal analysis:
A. Is also called vertical analysis.
B. Evaluates financial data across industries.
C. Is a tool used to evaluate financial statement items relative to industry statistics.
D. Is the presentation of financial ratios.
E. Is a method used to evaluate changes in financial data across time.
Answer: E
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Liquidity analysis is required
a. in order to evaluate the profitability over past accounting periods. b. to assess the nearness to cash of a company's assets and liabilities. c. to be reported in the financial statements for all companies publicly traded. d. when a company reports nonrecurring items in its financial statements.
Contribution margin is calculated by deducting ________ from sales revenue.
A) total product costs B) total selling and administrative costs C) total fixed costs D) total variable costs
The first step in the motivation process is ______.
a. need b. behavior c. dissatisfaction d. satisfaction
Wilma's arm is broken when Paula knocks her down during an argument. If Wilma sues Paula for battery, what damages is Wilma likely to receive?