{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Ch.3 FIN 351 - Quick Quiz How do you standardize balance...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
3-1 Quick Quiz How do you standardize balance sheets and income statements? Why is standardization useful? (Slide 3.4) What are the major categories of ratios and how do you compute specific ratios within each category? (Slide 3.11) What are the major determinants of a firm’s growth potential? (Slide 3.30) What are some of the problems associated with financial statement analysis? (Slide 3.34)
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
3-2 Standardized Financial Statements Common-Size Balance Sheets All accounts = percent of total assets (%TA) Common-Size Income Statements All line items = percent of sales or revenue (%SLS) Standardized statements are useful for: Comparing financial information year-to-year Comparing companies of different sizes,
Background image of page 2
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 4
Background image of page 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}