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which of the following parties would perform an external financial analysis 23. Which of the following parties would perform an external financial analysis? A) A

which of the following parties would perform an external financial analysis
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23. Which of the following parties would perform an external financial analysis? A) A firm's compensation committee B) A financial analyst forecasting the next period's borrowing needs C) A firm's creditors D) A CFO comparing the performance of the firm's various divisions Answer: 24. Th A) to make meaningful comparisons between firms that are not the same size. B) to make meaningful comparisons between different fiscal years. C) to eliminate the effects of inflation. D) to make meaningful comparisons between firms in different industries. Answer: e principal reason for preparing common size statements is 25, If yu weregjven the component of curent ncs compute? A) Acid test or quick ratio B) Average collection period C) Current ratio D) Both A and C E) All of the above

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