Which of the following is least useful in evaluating a company's financial statements?
a. Comparison of the company's current period data with accounting data from 5 years ago
b. Comparison with other companies in the same industry
c. Comparison with government economic data for the economy as a whole.
d. Comparison of the company's current period data with that of the last year
a
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Answer the following statements true (T) or false (F)
1. The global economy has had a revitalizing effect on some parts of industrial America. 2. Among the negative effects of global interdependency are outsourcing and higher-priced goods. 3. Mergers have surged in the past 20 years because many industries are not suited to midsize or small companies. 4. The Internet has made it more difficult for small firms to get started because now everyone must compete on a global scale.
A gain on the sale of a plant assets should be included in which of the following sections of a statement of cash flows prepared using the indirect method?
a. Investing activities b. Operating activities c. Financing activities d. Non-cash investing and financing activities
Which one of the following statements about retailers and retailing activities is true?
A) Retailers create form utility. B) Most retailers are multi-million dollar operations. C) Retailers are members of channels of distribution. D) About half of all U.S. workers are employed by retailers. E) Retailers sell only to businesses.
Money-back guarantees and honest sales and advertising presentations aid in _____
a. minimizing cognitive dissonance b. AIO measurement c. the problem awareness stage of consumer behavior d. studying psychographics