Which of the following best describes horizontal analysis?
A) comparing financial statement line items from year to year for the same company
B) expressing each financial statement amount as a percentage of a budgeted amount
C) comparing a company's financial statements with other companies
D) calculating key ratios to evaluate performance
A) comparing financial statement line items from year to year for the same company
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An activity's ________ is calculated by dividing the rise by the run.
Fill in the blank(s) with the appropriate word(s).
Leanne has noticed that employees working in offices with windows have lower absentee rates. This correlation proves that offices with natural light are healthier for employees
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Complexity addresses the degree to which the environment is stable. 2. The service sector accounts for 60% of the jobs in the U. S. Economy. 3. Changes in technology can have a negative impact on organizations. 4. A well-defined and broadly accepted mission is a guarantee of success. 5. The strategic management process is the action the organization takes to execute the strategy it has formulated.
Ruth, an agent, was asked by her principal to also sign a contract involving the sale of merchandise to Flower. If the contract is breached, may Flower sue both Ruth and her principal for damages?