An Analyst Notes That the Net Income of a Major

question 121

Multiple Choice

An analyst notes that the net income of a major corporation grew 10% last year and that it is currently growing at 11%. The analyst concludes that the net income will rise 12% next year. This is an example of a(n) :

• A) audit.
• B) earnings forecast.
• C) credit analysis.
• D) business model.