Question 6 1.43 pts Interpreting financial analysis should be considered in light of conditions peculiar to the industry and the general economic conditions. True False Question 7 1.42 pts BRACE Inc. uses analytical measures in which all financial elements are expressed in relative terms (ie., expressing percentages of a common base). This is often useful for comparing one company's performance with another or for comparing that company's performance with industry averages. The analytical measure is best described as: O Horizontal analysis O Percentage Statements Common-sized statements O Profitability analysis