14. Financial ratios are based on: A. The future performance B. Future expected cash flows C. Past performance. D. "Data provided by IFRS. ANSWER 16. is a tool to evaluate the important relations and changes in financial statements across time? a) Vertical b) Horizontal C) Ratio d) None of the above ANSWER 17. company's shares are selling at $10.00 on the TSE and paying a dividend of 23 quarterly. What is the dividend yield? a) 9.2 b) 8.2 c) 2.3 d) 7.2