If an Analyst Wants to See How the Assets of a Company

question 113

True/False

If an analyst wants to see how the assets of a company have changed from one year to the next,horizontal analysis must be used.

---

Definitions:

Backward-Bending

Refers to the backward-bending supply curve of labor, indicating that beyond a certain wage level, labor supply decreases as income and substitution effects impact workers' willingness to work.

Endowed

Provided or supplied with a particular talent, quality, or asset.

Budget Line

A graphical depiction of all possible combinations of goods that can be purchased with a given budget at specific prices.

Nonlabor Income

Income received that does not come from employment or work, such as dividends, interest on savings, or benefits.