11) 11) Which of the following is NOT a way to accurately determine the financial performance...
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11) 11) Which of the following is NOT a way to accurately determine the financial performance of a company? A) carefully examining one year of data B) evaluating a company's performance from year to year C) comparing a company's performance with a competing company D) comparing a company's performance with the same industry as a whole 12) 13) 14) 15) 12) Annual reports. A) are required to be prepared by every corporation B) discuss the company's competitors and the risks related to the company's business C) are also called a Form 10-Q D) only include the company's financial statements 13) Which of the following is used to determine how the sales revenue of a company has changed from one year to the next? A) vertical analysis of the balance sheet B) horizontal analysis of the income statement C) horizontal analysis of the balance sheet D) vertical analysis of the income statement 14) The trend analysis report of Poplar, Inc. is given below (in millions): Net income Trend percentages 2019 2018 2017 2016 2015 $700 $459 $406 $400 175% 115% 102% 100% $606 152% Which of the following is a correct conclusion from the above analysis? A) Net income for 2019 is 175% of net income for 2015. B) Net income for 2018 is 152% of the previous year. C) Net income for 2018 decreased by 152% from 2017. D) Net income for 2019 increased by 175% from 2018. 15) When performing vertical analysis of a balance sheet, the base amount is A) total assets B) total cash and cash equivalents C) net income D) gross profit 11) 11) Which of the following is NOT a way to accurately determine the financial performance of a company? A) carefully examining one year of data B) evaluating a company's performance from year to year C) comparing a company's performance with a competing company D) comparing a company's performance with the same industry as a whole 12) 13) 14) 15) 12) Annual reports. A) are required to be prepared by every corporation B) discuss the company's competitors and the risks related to the company's business C) are also called a Form 10-Q D) only include the company's financial statements 13) Which of the following is used to determine how the sales revenue of a company has changed from one year to the next? A) vertical analysis of the balance sheet B) horizontal analysis of the income statement C) horizontal analysis of the balance sheet D) vertical analysis of the income statement 14) The trend analysis report of Poplar, Inc. is given below (in millions): Net income Trend percentages 2019 2018 2017 2016 2015 $700 $459 $406 $400 175% 115% 102% 100% $606 152% Which of the following is a correct conclusion from the above analysis? A) Net income for 2019 is 175% of net income for 2015. B) Net income for 2018 is 152% of the previous year. C) Net income for 2018 decreased by 152% from 2017. D) Net income for 2019 increased by 175% from 2018. 15) When performing vertical analysis of a balance sheet, the base amount is A) total assets B) total cash and cash equivalents C) net income D) gross profit
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11 Answer A carefully examining one year of data Explanation Evaluation of financial performance can ... View the full answer
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
Posted Date:
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