Question: PLEASE ANSWER ALL TOGETHER AT ONCE PLEASEE ANSWER ALL THE FIVE QUESTIONS TOGETHER. 1- Financial statement analysis is applied both to historical data, which reflect

PLEASE ANSWER ALL TOGETHER AT ONCE PLEASEE ANSWER ALL THE FIVE QUESTIONS TOGETHER.

1- Financial statement analysis is applied both to historical data, which reflect the results of past managerial decisions, and to forecasted data, which provide the road map for the business's future. Therefore, managers use financial statement analysis not only to assess current conditions but also to plan. (T/F)

2- Several techniques can be used in financial statement analysis, but the most important is ------------

3- Ratio analysis is a technique that helps interpret the data contained in a business's ------------ as well as in other contexts. By combining values (sometimes from different statements or sources), analysts can gain a more complete view of the business's financial condition.

4- The total margin, often called profit margin, is defined as net income (excess of revenues over expenses) divided by total revenues, including nonoperating revenues (nonoperating income). (T/F)

5- Days in patient ---------- is used to measure effectiveness in managing receivables, also referred to as payments from patients and insurance companies.

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