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QUESTION 11A financial analyst is comparing two companies using a top-downapproach. Which of the following would cause the biggest problem inthe evaluation process?One company's financial year-end is 31 October, whilethe other company's financial year-end is 31 December.The companies operate in differentindustries.One company has been in business significantly longerthan the other company.Inflation has been low for several yearsQUESTION 9Selected data from the financial statements of Ned Kelly (NK)are presented below.20172016Total comprehensive income$145 000$123 000Cash dividends paid on ordinary share42 00038 000Average number of ordinary shares170 000135 000Market price per ordinary share year-end16.0013.00Earnings per share for 2017 is:$0.76$1.57$0.49$0.95