Apps New Tab Chapter 13 - Homework Horizontal analysis is the comparison of a company's financial condition and performance to a base amount. True or False True False False 13 - Homework The percent change of a comparative financial statement tem computed by Suteracting the base period amount from the period amount duiding the result by the base period amount and uplying that result by 100 True False Chapter 13 - Homework Working capital is computed as current liabilities minus current assets. 10 True or False points True False DOX Chapter 13 - Homework Debt financing is considered riskler than equity financing because of its required payments of Interest and principal True or False points [ True True False False Apps New Tab Chapter 13 - Homework 0 External users of financial Information points o | Are those Individuals Involved in managing and operating the company. o Include Internal auditors and managers. o Are not directly involved in operating the company o Make strategic decisions for a company o Make Operating decisions for a company