Comparison of financial variables of a firm over a period of time is known as--------------

Related MCQs

• Comparison of financial statements highlights the trend of the _________ of the business.
• Which of the following financial statements is also known as a statement of financial position?
• __________ is a situation in which actual profits of a company are not sufficient enough to pay interest on debentures, on loans and pay dividends on shares over a period of time?
• Regal Industries is replacing a grinder purchased 5 years ago for $15,000 with a new one costing $25,000 cash. The original grinder is being depreciated on a straight-line basis over 15 years to a zero-salvage value. Regal will sell this old equipment to a third party for $6,000 cash. The new equipment will be depreciated on a straight-line basis over 10 years to a zero-salvage value. Assuming a 40% marginal tax rate, Regal’s net cash investment at the time of purchase if the old grinder is sold and the new one purchased is
• Comparison and interpretation of ratio is known as ---------------------
• The ________ ratios help determines the degree of financial risk and earnings volatility present in a firm.
• ---------------- ratio studies the firm’s ability to meet its long term financial position
• Financial accounting is primarily concerned with providing financial reports to all of the following EXCEPT
• _________ indicates the financial status of the business at given period.
• Vertical analysis is made to review and analyze the financial statements of -----------------accounting period.