Question 25 (1 point) A banker assessing a loan application and an equity analyst making an investment decision would perform the same type of analysis of a company. 1) True 2) False Question 26 (1 point) An analyst is comparing two companies, a retail bookstore chain and an on-line bookstore. Which of the following activity ratios is most likely significantly higher for the on-line bookstore? 1) inventory turnover 2) accounts receivable turnover 3) gross margin 4) accounts payable turnover Question 27 (1 point) Fully diluted earnings per share is a worst case scenario. 1) True 2) False