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Fill in the blanks USING THE TERMS LISTED BELOW, (10 TERMS LISTED) CHOOSE THE BEST ANSWERS TO...

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Advance Math

Fill in the blanks

USING THE TERMSLISTED BELOW, (10 TERMS LISTED) CHOOSE THE BEST ANSWERS TO FILL INTHE BLANKS.

Paragraph #1: Mark, aninvestor, examines the financial statements of Disney. Hecalculates gross profit of services and does a year-to-yearvariance comparison of service revenues and costs of services.

Paragraph #2: Markthen compares the net income taking into account the non-cashactivity of Disney (adding it back) as well as the other expensesthat he feels do not represent management discretion.

Paragraph #3: Throughthis calculation, Mark is able to compare the income figure thatincludes expenses that can be managed versus those that aresomewhat "fixed" or contractual (not adding back any non-cashactivity).

Paragraph #1 is anexample of using _ __ information to analyze the financial resultsof Disney.  

Paragraph #2 is anexample of using _ __ to analyze the financial results ofDisney.

Paragraph #3 is anexample of using _ _ to analyze the financial results ofDisney.

matching at the linehistorical cost   
accruals below the line GAAP
EBIT above the line consistency
EBITDA gross margin conservatism

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