One reason that a common-size statement is a useful tool in financial performance evaluation is that it enables the user to
a. make better comparisons of two companies of different sizes in the same industry.
b. determine which companies in a single industry are of the same size.
c. judge the relative potential of two companies of similar size in different industries.
d. determine which companies in a single industry are of the same value.
A
You might also like to view...
The right of dissent results in payment of:
a. a damage award to the shareholder. b. a price in exchange for his shares. c. treble damages for violation of the charter. d. a bonus to dissenting shareholders.
During the ____ phase of building a team, group members can complete tasks efficiently, work together on complex problems, and make shared decisions.
A. socializing B. collaboration C. facilitation D. organizing
Which of the following is NOT a positive attribute of the price-earnings multiple valuation model?
A) It is easy to use. B) It implicitly assumes that comparable firms are already fairly pried in the market place. C) It is forward-looking. D) It is based on relative market measures rather than book measures.
The future value of $100 received today and deposited at 6 percent for four years is ________
A) $126 B) $ 79 C) $124 D) $116