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Question 17 Which of the following is regarded as having the biggest influence when forecasting the earnings of a company? O The company's most recent

Question 17

Which of the following is regarded as having the biggest influence when forecasting the earnings of a company?

O The company's most recent earnings report.

O Earnings forecasts by analysts.

O Knowledge about the company's industry.

O The most recent movements in the company's share price.

Question 18

When will average balance sheet data be used in a ratio?

O When the ratio includes data from more than one year.

O When the balance sheet data is different at the start of the period and end of the period.

O When the ratio includes income statement data.

O When the ratio is mutually exclusive.

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