[Select] when making judgments about a company's performance. [Select] [Select] financial condition and performance across time. [Select] [Select] 4) Standards for comparison are not generally necessary performance to a base year, it is using vertical analysis. continuing operations. [Select] 5) Vertical analysis is the comparison of a company's v 7) If a company is comparing this year's financial performance to last year's financial performance, it is using horizontal analysis. often of limited value. [Select] V 6) If a company is comparing its financial condition or V V 8) Earnings per share are calculated only on income from 9) Analysis of a single financial number (i.e., one ratio) is Y 10) A ratio expresses a mathematical relation between two quantities and can be expressed as a percent, rate, or proportion.

all are true or false?

4) Standards for comparison are not generally necessary when making judgments about a company's performance. 5) Vertical analysis is the comparison of a company's financial condition and performance across time. 6) If a company is comparing its financial condition or performance to a base year, it is using vertical analysis. 7) If a company is comparing this year's financial performance to last year's financial performance, it is using horizontal analysis. 8) Earnings per share are calculated only on income from continuing operations. 9) Analysis of a single financial number (i.e.. one ratio) is often of limited value. 10) A ratio expresses a mathematical relation between two quantities and can be expressed as a percent, rate, or proportion