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b . A figure from this year's statement is compared with a base selected from the current year. Vertical common - size statement Horizontal common

b. A figure from this year's statement is compared with a base selected from the current year.
Vertical common-size statement
Horizontal common-size statement
Funds statement
Absolute figures
Balance sheet
c. Fremont Electronics has income of $1 million. Columbus Electronics has income of $2 million. Which of the following statements is a correct statement?
Columbus Electronics is getting a higher return on assets employed.
Columbus Electronics has higher profit margins than does Fremont Electronics.
Fremont Electronics could be more profitable than Columbus Electronics in relation to resources employed.
No comparison can be made between Fremont Electronics and Columbus Electronics.
Fremont Electronics is not making good use of its resources.

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