1. Comparison Bases consist of Industry norms, Intracompany and Intercompany.

Group of answer choices

True

False

2. Vertical, or common-size analysis, is applied to both the Balance Sheet and Income Statement items as a percent of a base amount.

Group of answer choices

True

False

3. The 4 main characteristics of Financial Statement analysis are: Liquidity, Profitability, Solvency, and Market Prospects.

Group of answer choices

True

False

4. Current Ratio: Total Assets divided by Total Liabilities

Group of answer choices

True

False