Choose the Appropriate Letter to Match the Term and the Definition.Not

question 106

Essay

Choose the appropriate letter to match the term and the definition.Not all definitions will be used.
Term
1._____ Time-Series Analysis
2._____ Common-Size Financial Statements
3._____ Management Discussion and Analysis
4._____ Price/Earnings Ratio
5._____ Earnings Per Share
6._____ Comprehensive Income
7._____ Discontinued Operations
8._____ Net Income
Definition
A)The practice of reporting accounting data in the national monetary unit.
B)A nonrecurring item associated with abandoning or selling an operation.
C)The earnings of a company after taxes.
D)An increase in an asset or a decrease in a liability that results from peripheral activities.
E)After-tax earnings adjusted for gains and losses that may disappear before they are realized.
F)A section of the annual report that can be used in interpreting the results of financial statement analysis.
G)The ratio calculated by dividing the net income by the number of common shares outstanding.
H)The ratio calculated by dividing the price of a share of stock by the earnings per share.
I)Also known as ratio analysis.
J)A nonrecurring item on the income statement that reflects gains and losses associated with extraordinary events.
K)Another name for a trend analysis.
L)The practice of reporting information in percentages rather than monetary amounts.

• A)The practice of reporting accounting data in the national monetary unit.
• B)A nonrecurring item associated with abandoning or selling an operation.
• C)The earnings of a company after taxes.
• D)An increase in an asset or a decrease in a liability that results from peripheral activities.
• E)After-tax earnings adjusted for gains and losses that may disappear before they are realized.
• F)A section of the annual report that can be used in interpreting the results of financial statement analysis.
• G)The ratio calculated by dividing the net income by the number of common shares outstanding.
• H)The ratio calculated by dividing the price of a share of stock by the earnings per share.
• I)Also known as ratio analysis.
• J)A nonrecurring item on the income statement that reflects gains and losses associated with extraordinary events.
• K)Another name for a trend analysis.
• L)The practice of reporting information in percentages rather than monetary amounts.

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Definitions:

Free-Market Economic System

An economic system where prices for goods and services are determined by the open market and consumers, with minimal governmental intervention.

Theoretical Ideal

A concept or model that represents a perfect scenario or condition, which serves as a benchmark for comparison.

Government Interference

Refers to actions by a government that affect the economy, individual freedoms, or market operations, often seen in regulations or policies affecting businesses and personal liberties.

Optimum Level

The most favorable level or condition for growth, production, or efficiency.