Question 7 3 pts Daphne calculates the current ratio of its organization at the end of...
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Question 7 3 pts Daphne calculates the current ratio of its organization at the end of March 2024. She performs two analyses. In Analysis 1, she compares the current ratio of 2024 with the current ratios of March 2023, 2022, and 2021. In Analysis 2, she compares the current ratio of 2024 against the current ratio of three other companies all obtained in March of 2024. Which one of the statements is TRUE? Analysis 1 is Trend Analysis while Analysis 2 is Cross-Sectional Analysis. Analysis 1 is Trend Analysis while Analysis 2 is Industry-Comparable Analysis. Analysis 1 is Cross-Sectional Analysis while Analysis 2 is Industry-Comparable Analysis. All three statements are true. None of the options. Question 7 3 pts Daphne calculates the current ratio of its organization at the end of March 2024. She performs two analyses. In Analysis 1, she compares the current ratio of 2024 with the current ratios of March 2023, 2022, and 2021. In Analysis 2, she compares the current ratio of 2024 against the current ratio of three other companies all obtained in March of 2024. Which one of the statements is TRUE? Analysis 1 is Trend Analysis while Analysis 2 is Cross-Sectional Analysis. Analysis 1 is Trend Analysis while Analysis 2 is Industry-Comparable Analysis. Analysis 1 is Cross-Sectional Analysis while Analysis 2 is Industry-Comparable Analysis. All three statements are true. None of the options.
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