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Required: Match the analytics type ( descriptive , diagnostic, predictive, and prescriptive ) to the example financial statement analysis questions. table [ [ Example
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Match the analytics type descriptive diagnostic, predictive, and prescriptive to the example financial statement analysis questions.
tableExample Financial Statement Analysis Questions,Analytics TypeDid the amount of interest expense as a percentage of sales increase in the past year?,How did the company's return on assets compare to the industry as a whole?,tableWhat happens to Bank of America's profits if the interest rates change in the future from three percent topercent or five percent or more?Which company's financial statements have a high probability of misstatement or fraud?,How can you use analysts' forecasts to value Chipotle's stock price?,PrescriptiveDid the focal company spend more on interest expense as a percentage of sales than its competitors?,
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