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207 financial statements are reports where financial amounts are placed side by side 4296156

 

207._______________ financial statements are reports where financial amounts are placed side-by-side in columns on a single statement for analytical purposes.  
 
 

208.Trend percentage is calculated by dividing _________________________ by ___________________________ and multiplying the result by 100. 
 
 

209.____________ is a method of analysis used to evaluate individual financial statement items or groups of items in terms of a specific base amount. 
 
 

210.The current ratio and acid-test ratio are used to reflect the ____________ of a business. 
 
 

211.The debt ratio, the equity ratio, pledged assets to secured liabilities, and times interest earned are all ___________________ ratios. 
 
 

212.The gross margin ratio, return on total assets, and basic earnings per share are all _____________ ratios. 
 
 

213.______________________ ratios include the price-earnings ratio and dividend yield. 
 
 

214.Ratios may be expressed as (1) ________________, (2) __________________, or (3) __________________. 
 
 

215.In order to be classified as an extraordinary gain or loss, the item must be both (1) _______________ and (2) ____________. 
 
 

216.The income level most likely to continue into the future and is commonly used in PE ratios and other market-based measures of performance is the ________________________. 
 
 

 

 

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