10. Horizontal analysis is a technique to compare company's financial condition over a period of time. True False 11. When calculating the return on assets, you should use average total assets. True False 12. If a company has no liabilities, its return on equity will equal its return on assets. True False
10. Horizontal analysis is a technique to compare company's financial condition over a period of time. True False 11. When calculating the return on assets, you should use average total assets. True False 12. If a company has no liabilities, its return on equity will equal its return on assets. True False
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 40MCQ
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TRUE OR FALSE. Please answer number 10-12 only and no need to explain thanks!
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