When Analyzing Financial Statements, What Should You Make Sure to Read

question 60

Multiple Choice

When analyzing financial statements, what should you make sure to read because it can be very revealing?

• A) the notes to financial statements
• B) the president's comments
• C) the board of directors' comments
• D) the newspapers' comments

---

Definitions:

Segregation

The act or state of separating or being separated into different groups based on characteristics such as race, gender, or religion, often leading to unequal treatment or opportunities.

Profit Maximizing

The process or goal of a firm to adjust its production and pricing strategies to achieve the highest possible profit.

Economic Historians

Scholars who study and analyze the economies or economic phenomena of the past, integrating perspectives from history and economics.

Streetcars

Rail vehicles that run on tracks along public urban streets and also have routes extending into suburban areas.