Q: A cross-sectional ratio analysis: Select one: a. Compares a company's ratios from year to year b. Compares a company's current ratios to projected ratios c. Compares a company's ratios to those of the industry they are in for the same time period d. Refers to liquidy and debt ratios only Q: A company's debt ratio will: Select one: a. Indicate the profitability of a company b. Indicate the leverage used by a company c. Be affected by changes in iRevenue d. Be improved if a company has less operating expenses Q: What does Buffett look for with the net earnings of a company? Select one: a. Net earnings as a % of gross profit b. Companies who have a net earnings trend that does not change c. Net earnings as a \% of revenue d. Companies that report a lower net earnings percentage than their competitors