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SIS Identiy which of these terms about Financial Performance Measures are True or False Trend analysis requires the establishment of a base year for comparison purposes, Choose Vertical analysis is the same as common-size analysis. Choose Choose Ratio analysis is useful only if the ratio states a meaningful relationship between two numbers Both profit margin and asset turnover affect a company's return on assets The index number used in trend analysis is computed by dividing the base year amount by the index year amount, and multiplying that result by 100 Choose Choose In horizontal analysis, the base year is the most current year being examined. Choose The receivables turnover measures the relative size of the accounts receivable and the effectiveness of credit policies Choose It is possible for horizontal analysis to indicate a decrease in revenues from one year to another and an increase in net incomo Choose Choose... In a common size income statement net income is represented by 100 percent In a common-size income statement each item is expressed as a percentage of net sales. Choose A 20 percent change in not sates will result in a 20 percent change in not income Choose Identiy which of these terms about Financial Performance Measures are True or False Trend analysis requires the establishment of a bese year for comparison purposes Choose Vertical analysis is the same as common-site analysis Choose Choose Ratio analysis is useful only if the ratio states a meaningful relationship between two numbers Both profit margin. and asset turnover affect a company's return on assets. The index number used in trend analysis is computed by dividing the base year amount by the index year amount and multiplying that result by 100 Choose Choose In horizontal analysis, the bone year is the most current year being examined. Choose The receivables turnover measures the relative sice of the accounts receivable and the effectiveness of credit poticies Choose II is possible for horizontal analysis to indicate a decrease in revenues from one year to another and an increase in net income Choose Choose In a common size Income statement, net income is represented by 100 percent. In a common-size income statement, each item is expressed as a percentage of net sales. Choose A 20 percent change in net sales will result in a 20 percent change in net income. Choose

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