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Question 5 (1 point) Vertical analysis makes it more difficult to compare different companies. expresses each item in a financial statement as a percent of
Question 5 (1 point) Vertical analysis makes it more difficult to compare different companies. expresses each item in a financial statement as a percent of a base amount. is also called trend analysis. is a technique for evaluating a series of financial statement data over a period of time to determine the increase (decrease) that has taken place. Question 6 (1 point) An investor, Mr. Gold sold 100 shares of Delia Corp. to another investor, Mrs. Silver, for $2,200. As a result of this transaction, Delia Corp.'s assets increased by $2,200. shareholders' equity did not change. shareholders' equity decreased by $2,200. O shareholders' equity increased by $2,200. Question 7 (1 point) In horizontal analysis, the percentage of a base-period amount is calculated by dividing the item under analysis by total assets. o dividing the item under analysis by net sales. dividing the dollar amount of the change since the base period by the base period amount. dividing the analysis period amount by the base period amount. Question 8 (1 point) Comparisons of financial data made within a company are called intercompany comparisons. intracompany comparisons. a O interior comparisons. O intramural comparisons
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