Correct because Generally Accepted Accounting Principles requires that formulas de computed the same Correct because there must be consistency among analysts for ratios to be effective tools. Incorrect because ratios are not used to analyze businesses these days as much as in the past. Correct because the banking industry requires that certain numbers be used for each ratio Question 3 In the primary equity market, the corporation Issues the stock certificates. Oversees the transaction to make sure all regulations are met. Advisies the investor on the price he/she should pay for the stock. Pays for the stock None of the above describes the role of the corporation Question 4 A decrease in the asset "Land" from one month's balance sheet to the next Probably means that we bought some land during the month. Might mean that our land has increased in value during the month DLL