Forecasting is the art of anticipating what buyers are likely to do under a given set of conditions

Horizontal analysis evaluates financial statement data

a. within a period of time. b. over a period of time. c. on a certain date. d. as it may appear in the future.

The rate earned on total assets measures the profitability of total assets, without considering how the assets are financed

a. True b. False Indicate whether the statement is true or false