Question: Exercise 1 2 - 1 ( Static ) Match terms with their definitions ( LO 1 2 - 1 , 1 2 - 2 ,
Exercise Static Match terms with their definitions LO Match the following descriptions or examples with the item in the dropdown list that best fits. Descriptions a A companys ability to pay its current liabilities. b Accounting choices that result in reporting lower income, lower assets, and higher liabilitie c Accounting choices that result in reporting higher income, higher assets, and lower liabiliti d The ability of reported earnings to reflect the companys true earnings as well as the usefu to help investors predict future earnings. e A tool to analyze trends in financial statement data for a single company over time. f The sale or disposal of a significant component of a company's operations. g A means to express each item in a financial statement as a percentage of a base amount h A companys ability to pay its current and longterm liabilities.
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