Question
SING THE TERMS LISTED BELOW, (10 TERMS LISTED) CHOOSE THE BEST ANSWERS TO FILL IN THE BLANKS. Paragraph #1: Mark, an investor, examines the financial
SING THE TERMS LISTED BELOW, (10 TERMS LISTED) CHOOSE THE BEST ANSWERS TO FILL IN THE BLANKS. Paragraph #1: Mark, an investor, examines the financial statements of Disney. He calculates gross profit of services and does a year-to-year variance comparison of service revenues and costs of services. Paragraph #2: Mark then compares the net income taking into account the non-cash activity of Disney (adding it back) as well as the other expenses that he feels do not represent management discretion. Paragraph #3: Through this calculation, Mark is able to compare the income figure that includes expenses that can be managed versus those that are somewhat "fixed" or contractual (not adding back any non-cash activity). Paragraph #1 is an example of using _ __ information to analyze the financial results of Disney. Paragraph #2 is an example of using _ __ to analyze the financial results of Disney. Paragraph #3 is an example of using _ _ to analyze the financial results of Disney.
The answers are from below 10 options
matching at the line
historical cost
accruals
below the line
GAAP
EBIT
above the line
consistency
EBITDA
gross margin
conservatism
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