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Question text

Financial statement analysis:

a.

provides useful information that can serve as a basis for forecasting future performance.

b.

is limited to internal use by a firms managers.

c.

provides useful information to shareholders but not to debtholders.

d.

is primarily used to identify account values that meet the normal standards

question 2

What is the expected return on this stock?

a.

14.75%

b.

16.75%

c.

13.75%

d.

15.75%