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In Order to Learn to Do a Triple Jump in Ice-Skating

question 6

Multiple Choice

In order to learn to do a triple jump in ice-skating, Jennifer broke the triple jump into its component parts-the take-off, the individual turns, and the landing-and practised each of those individually. Jennifer was using ________ to master a complex act.


Definitions:

Dollar Amount Changes

Alterations in financial figures, reflecting increases or decreases in values such as revenues, expenses, assets, or liabilities over a period.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not expected to be converted into cash within a year.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories (assets, liabilities, and equity) is represented as a proportion of the total account.

Profitability Analysis

The process of evaluating the ability of a business to generate earnings as compared to its expenses and other relevant costs incurred during a specific period.

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