Identify each of the following as (a) An objective of financial statement analysis, (b) A standard for
Question:
Identify each of the following as
(a) An objective of financial statement analysis,
(b) A standard for financial statement analysis,
(c) A source of information for financial statement analysis, or
(d) An executive compensation issue:
1. Average ratios of other companies in the same industry
2. Assessment of the future potential of an investment
3. Interim financial statements
4. Past ratios of the company
5. SEC form 10-K
6. Assessment of risk
7. A company’s annual report
8. Linking performance to shareholder value.
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