all 3 questions pls

Question 5 1.43 pts The percentage analysis of the relationship of each component in a financial statement to a total or base within the statement is referred as vertical analysis. True False Question 6 1.43 pts Interpreting financial analysis should be considered in light of conditions peculiar to the industry and the general economic conditions. True False Question 7 1.42 pts BRACE Inc. uses analytical measures in which all financial elements are expressed in relative terms (i.e., expressing percentages of a common base). This is often useful for comparing one company's performance with another or for comparing that company's performance with industry averages. The analytical measure is best described as: Common-sized statements Profitability analysis Percentage Statements Horizontal analysis