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A Set - Chapter 3: Discussion Questions (Pg 124) 2. What is comparative horizontal balance sheet analysis? 5. What is the objective of common-size vertical
| A Set - Chapter 3: Discussion Questions (Pg 124) | ||||||
| 2. What is comparative horizontal balance sheet analysis? | ||||||
| 5. What is the objective of common-size vertical income statements? | ||||||
| 7. Why are trend results often more meaningful than a comparison limited to two successive accounting periods? | ||||||
| 8. How is a trend Index calculated? | ||||||
| 9. In inflationary times, why might a comparative horizontal analysis and a trend index be misleading? | ||||||
| 10. What is the equation for converting past historic period dollars to to current period dollars? | ||||||
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
