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1. Which analysis helps users to recognize financial changes that unfold over time? 2. Comparing Revenues from one year to the next is an

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1. Which analysis helps users to recognize financial changes that unfold over time? 2. Comparing Revenues from one year to the next is an example of horizontal analysis. True or False? 3. Which analysis focuses on important relationships within a financial statement? 4. Comparing Revenues from one year to the next is an example of horizontal analysis. True or False? 5. Which ratios help analysts understand the company's short-term survival and ability to pay current debt? 6. Which ratios help analysts understand the company's long-term survival and ability to pay off total debt? 7. Which ratios help analysts understand the company's ability to generate income in the current period? 8. Current Ratio = Current Assets/Current Liabilities. True or False? 9. The lower the Current Ratio the better. True or False? 10. The Current Ratio measures solvency. True or False?

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