HELP! Match the term and the definition.

Knowledge Check 01 Match the term and the definition. 1. 2. Each item in the financial statements is expressed as a percentage of an appropriate corresponding total, or base amount, but within the same year. Each item in a financial statement is expressed as a percentage of that same item in the financial statements of another year (base amount). Financial statement items are converted to ratios for evaluating the performance and risk of a company. 3