In financial statement analysis, ratios are:
a. the only type of analysis where industry data are available.
b. absolute numbers converted to a common base.
c. fractions usually expressed in percent or times.
d. the only indication of the financial position of the firm.
e. None of the answers are correct.
C
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A real estate broker undertakes to canvas a neighborhood area that is very near to a section into which minorities have recently moved. He tells the people to whom he talks that they should sell now as their property might suffer a loss in value in the future. This is illegal and unethical, and that broker is guilty of:
a. blockbusting and panic peddling. b. steering and red lining. c. property conduct. d. none of the above.
On a per capita basis, German consumers are world-leader mail-order shoppers
Indicate whether the statement is true or false