A comprehensive financial plan setting forth the expected route for achieving the financial and operational goals of an organization is called

Group of answer choices

Goal

Budget

Budgetary control

Planning

Next

What helps financial statement users recognize financial changes that unfold over time?

Group of answer choices

Horizontal (trend) analysis

Time-series analysis

Both of the given choices

Ratios which relate to the companys performance in the current periodin particular, the companys ability to generate income are called

Group of answer choices

All of the given choices

Liquidity ratios

Profitability ratios

Solvency ratios

Ratios which relate to the companys short-term survivalin particular, the companys ability to use current assets to repay liabilities as they become due are called

Group of answer choices

All of the given choices

Liquidity ratios

Solvency ratios

Profitability ratios

Calculate Net Profit margin based on the following information:

Revenue: 88,258.00

Net Income: 6,542.00

Cost of Goods Sold: 49,520.00

Group of answer choices

7.41%

1.69%

5.92%

2.11%