Which of the following best describes trend analysis?
A) calculating key ratios to evaluate performance
B) expressing each financial statement amount as a percentage of a budgeted amount
C) comparing a company's financial statements with that of other companies
D) expressing each year's financial statement amounts as a percentage of the base year amounts
D
Business
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An organization has an obligation to its stakeholders to operate as efficiently as possible and to do so it must ensure that company resources are not misused.
a. true b. false
Business
On August 14, Main Street Bank lent $200,000 to City Cafe on a 75 day, 6% note. What is the maturity date of the note?
A) Oct. 27 B) Oct. 28 C) Oct. 29 D) Oct. 30
Business