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Ron Landscaping's income statement reports net income of $73,700, which includes deductions for interest expense of $10,700 and income taxes of $33,300. Its times interest earned is:

Jones Corp. reported current assets of $186,000 and current liabilities of $133,500 on its most recent balance sheet. The working capital is:

Which of the following items is typically not included as a separate item after normal revenues and expenses?

Industry standards for financial statement analysis:

The background on a company, its industry, and its economic setting is usually included in which of the following sections of a financial statement analysis report?

To compute trend percentages the analyst should:

Common-size statements:

LO 5 8 03:07:30 Skipped eBook Print Ron Landscaping's income statement reports net income of $73,700, which includes deductions for interest expense of $10,700 and income taxes of $33,300. Its times interest earned is: Multiple Choice O O 11.0 times 7.9 times 4.1 times 6.9 times 2 8 03:07:21 Skipped eBook Print Jones Corp. reported current assets of $186,000 and current liabilities of $133,500 on its most recent balance sheet. The working capital is: Multiple Choice 139%. 72%. ($52,500). $52,500. O 6 03:06:50 eBook Print Which of the following items is typically not included as a separate item after normal revenues and expenses? Multiple Choice O O Write down of inventories. Condemnation of property by the city government. Loss of use of property due to a new and unexpected environmental regulation. 6 8 03:06:45 eBook Print Condemnation of property by the city government. Loss of use of property due to a new and unexpected environmental regulation. Loss due to an unusual and infrequent calamity. Expropriation of property by a foreign government. 7 8 03:06:41 eBook Print Industry standards for financial statement analysis: Multiple Choice Are based on a single competitor's financial performance. Are set by the government. Are used to compare a company's performance to industry performance. 7 8 03:06:33 eBook Print Are set by the government. O Are used to compare a company's performance to industry performance. Are based on rules of thumb. Compare a company's income with its prior year's income. 8 8 03:05:00 eBook Print The background on a company, its industry, and its economic setting is usually included in which of the following sections of a financial statement analysis report? Multiple Choice O Executive summary. O Analysis overview. O Evidential conclusions. Factor analysis. 8 8 03:04:57 eBook Print Multiple Choice O O O O O Executive summary. Analysis overview. Evidential conclusions. Factor analysis. Inferences. 9 X 03:04:07 eBook Print To compute trend percentages the analyst should: Multiple Choice O O Select a base period, divide analysis period amount by the base period amount and multiply that amount by 100. Subtract the analysis period number from the base period number. 9 8 03:04:04 eBook Print O O O Subtract the base period amount from the analysis period amount, divide the result by the analysis period amount, then multiply that amount by 100. Compare amounts across industries using Dun and Bradstreet. Compare amounts to a competitor. 10 X 03:03:57 eBook Print Common-size statements: Multiple Choice O O O Reveal changes in the relative importance of each financial statement item to a base amount. Do not emphasize the relative importance of each item. Compare financial statements over time. 10 8 03:03:54 eBook Print O O O emphasize the relative importance of each item. Compare financial statements over time. Show the dollar amount of change for financial statement items. Reveal patterns in data across successive periods

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