Which of the following is true of ratio analysis?
A) A ratio is computed by dividing one balance sheet or income statement by another.
B) The choice of the scale determines the story that can be garnered from the ratio.
C) Ratios can be calculated based on the type of firm being analyzed or the kind of analysis being performed.
D) All of the above are true.
Answer: D) All of the above are true.
Business
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On your résumé, do not include items that could encourage discrimination, such as
A) home address. B) hobbies. C) when you graduated from high school. D) military service. E) extracurricular activities.
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Net working capital is the amount by which a firm's current assets exceed its current liabilities
Indicate whether the statement is true or false
Business