List the three ways to analyze financial statements. State what each of these ways provides to investors and creditors
What will be an ideal response
Horizontal analysis provides a year-to-year comparison of a company's performance in different periods.
Vertical analysis provides a way to compare different companies.
Ratio analysis provides information about a company's performance. It is used most effectively to measure a company against other companies in the same industry and to denote trends within the company.
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What is the key lesson in Chapter 12's opening scenario on President Barack Obama?
A) Government officials should limit their use of social media. B) The president's cabinet cannot always be relied upon to carry his messages to the public. C) Public figures can do an end run around traditional media and "go direct" to the public. D) Social media can be an important tool in affecting legislation on Capitol Hill.
When placing a foreign key for a 1:1 relationship, the key of either table can be used as the foreign key in the other table
Indicate whether the statement is true or false