Question: Incorrect Question 16 Fill in the blanks 0/5 pts USING THE TERMS LISTED BELOW, (10 TERMS LISTED) CHOOSE THE BEST ANSWERS TO FILL IN THE

Incorrect Question 16 Fill in the blanks 0/5 pts USING THE TERMS LISTED BELOW, (10 TERMS LISTED) CHOOSE THE BEST ANSWERS TO FILL IN THE BLANKS. Paragraph #1: Mark, an investor, examines the financial statements of Disney. He calculates gross profit of services and does a year-to-year variance comparison of service revenues and costs of services. Paragraph #2: Mark then compares the net income taking into account the non-cash activity of Disney (adding it back) as well as the other expenses that he feels do not represent management discretion. Paragraph #1 is an example of using_ Disney. GAAP Paragraph #2 is an example of using gross margin at the line below the line above the line gross margin historical cost GAAP pro forma earnings conservatism information to analyze the financial results of to analyze the financial results of Disney

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