When performing financial ratio analysis, we need to know not only what the ratios are but also what the trends are over time

Indicate whether the statement is true or false.


Answer: TRUE

Business

You might also like to view...

Which of the following is true about auctions?

A. An item cannot be withdrawn from sale prior to acceptance. B. The seller is required to accept the final offer when the auction is advertised as being "with reserve." C. Acceptance occurs when an offeror makes the highest bid. D. Bidders are treated as offerors, making offers the seller is free to accept or reject.

Business

Possible misstatements related to the occurrence assertion for payroll transactions include all of the following except:

A. payments to fictitious employees. B. payments to valid employees who have not worked. C. payments to terminated employees. D. payments to valid employees at a rate in excess of the authorized amount.

Business

Techno Comp is a well-known national brand of computer and electronic products and accessories. Their tablet would be considered a(n)

A. premium brand. B. subbrand. C. umbrella brand. D. copycat brand. E. exclusive brand.

Business

Our hourly employees are paid ____ every Tuesday and Friday

A) biweekly B) semiweekly

Business