For Each of the Following, Indicate Whether the Data Are

question 11

Essay

For each of the following, indicate whether the data are cross-sectional or time series:
• Company quarterly profits
• Percentage of Canadian adults who work full time
• Historical closing stock prices

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Definitions:

Noncash Investing

Transactions involving investments that do not require an initial cash outlay, such as stock-for-stock mergers or asset swaps.

Financing Activities

Transactions and events where cash is raised or repaid to fund the company’s operations or to acquire assets, typically reflected in the financing section of a cash flow statement.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the open market.

Income Statement

A financial statement that reports a company's revenues, expenses, and net income over a specific period, indicating financial performance.