Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. what are the limits of financial statement analysi

What are the limits of financial statement analysis and how domanagers manipulate ratios for...

80.2K

Verified Solution

Question

Accounting

What are the limits of financial statement analysis and how domanagers manipulate ratios for their own personal gain.

Answer & Explanation Solved by verified expert
4.0 Ratings (729 Votes)
Limits of Financial Statement Analysis The entire financial statements contains only financial information relevant to the prior periods This past period information is analysed in order to make some future plans budgets estimates etc This is always not correct as the presumption of the future predictions is based on the premise that the future will be like the past which may not be true at all This    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingWhat are the limits of financial statement analysis and how domanagers manipulate ratios for their...What are the limits of financial statement analysis and how domanagers manipulate ratios for their own personal gain.

Other questions asked by students

Q

Refrigerant 134a, initially (state 1) a saturated liquid at -80C, is contained in a piston-cylinder assembly....

Mechanical Engineering
Q

Write a Matlab function for: 1. Root Finding: Calculate the root of the equation f(x)=x^3 ?5x^2 +3x?7 Calculate...

Advance Math
Q

Poison ivy is also known as Rhus toxicodendron. Its species identifier isRhus.toxicodendron.poison.ivy.

Biology
Q

Read the poem There are 43 lines in the poem The poem is numbered every...

Biology
Q

A43842 d 4 4 2 23 d 64 16 a Teo 2 Given the coordinates...

Geometry
Q

Given the equation y = 2cos3(x - 30) + 1 has a maximum when x...

Geometry
Q

The Gallup organization found that 29% of Americans own a cat as a pet. Round...

Basic Math
Q

Find y and y y y y x In 6x

Calculus
Q

Pinky Corp. acquired 90% of the outstanding stock of Snowball Inc on November 1, 2017....

Accounting
Q

FORM 1: Malia Hotel Room Division Sales and Expenditure. Expenditure ...

Accounting
Q

The following information is available for Zephyr Company before closing the accounts. After all of...

Accounting
Q

El Sr. Moore incurri en gastos mdicos calificados de $4,528 y tiene ingresos netos para...

Accounting