Horizontal Analysis of Financial Statements May Be Accomplished Through

question 161

Multiple Choice

Horizontal analysis of financial statements may be accomplished through:

• A) placing statement items on an after-tax basis.
• B) computing net income as a percentage of sales.
• C) computing both earnings per share and the price-earnings ratio.
• D) trend percentages.

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Definitions:

Heterosexual Women

Women who are sexually attracted to individuals of the opposite sex.

Attraction

A force or factor that draws individuals together, making them interested in each other, which can be physical, emotional, intellectual, or social.

Men and Women

Terms that refer to the two most commonly recognized genders, broadly distinguishing between male and female biological and social identities.

Predominantly Homosexual

Referring to individuals who are primarily attracted to members of the same sex, though they may occasionally experience attraction to the opposite sex.