首页 | 学习中心 | 注册 登录
返回列表 发帖
1215

UID
152243 
帖子
3978 
主题
858 
注册时间
2009-12-15 
最后登录
2011-4-15 
1# 跳转到 » 倒序看帖
打印
tT
发表于 2011-3-16 16:15 | 只看该作者

Reading 35: Financial Analysis Techniques-LOS a 习题精选

2011, statements, companies, compare, center
Session 8: Financial Reporting and Analysis: The Income Statement, Balance Sheet, and Cash Flow Statement
Reading 35: Financial Analysis Techniques

LOS a: Evaluate and compare companies using ratio analysis, common-size financial statements, and charts in financial analysis.

 

 

Which of the following statements best describes vertical common-size analysis and horizontal common-size analysis?

Statement #1 – Each line item is expressed as a percentage of its base-year amount.

Statement #2 – Each line item of the income statement is expressed as a percentage of revenue and each line item of the balance sheet is expressed as a percentage of ending total assets.

Statement #3 – Each line item is expressed as a percentage of the prior year’s amount.

Vertical analysis Horizontal analysis

A)
Statement #1 Statement #2
B)
Statement #2 Statement #3
C)
Statement #2 Statement #1

 

Horizontal common-size analysis involves expressing each line item as a percentage of the base-year figure. Vertical common-size analysis involves expressing each line item of the income statement as a percentage of revenue and each line item of the balance sheet as a percentage of ending total assets.

收藏 分享

1215

UID
152243 
帖子
3978 
主题
858 
注册时间
2009-12-15 
最后登录
2011-4-15 
2#
发表于 2011-3-16 16:15 | 只看该作者

Are the following statements about common-size financial statements correct or incorrect?

Statement #1 – Expressing financial information in a common-size format enables the analyst to make better comparisons between two firms of similar size that operate in different industries.

Statement #2 – Common-size financial statements can be used to highlight the structural changes in the firm’s operating results and financial condition that have occurred over time.

With respect to these statements:

A)
 only one is correct:
B)
 both are correct.
C)
 both are incorrect.

Vertical common-size statements enable the analyst to make better comparisons of two firms of different sizes that operate in the same industry. Horizontal common-size financial statements express each line as a percentage of the base year figure; thus, horizontal common-size statements can be used to identify structural changes in a firm’s operating results and financial condition over time.

TOP

返回列表