The purpose of studying financial statements is ________. A) ...

[P68T]

The purpose of studying financial statements is ________.
 
  A) to mechanically build portfolio analysis
  B) to understand those portions of the statements that have relevance for financial decision making
  C) to primarily investigate all portions of the statements that have relevance for dividend policy
  D) to mechanically learn how to read and understand footnotes

Question 2

An internal sales forecast is based on the relationships that can be observed between a firm's sales and certain key economic indicators such as the gross domestic product, new housing starts, or disposable personal income.
 
  Indicate whether the statement is true or false

[rosiehomeworddo]

Answer to Question 1

Answer: B
Explanation: B) Accounting and finance view the numbers in DIFFERENT WAYS.

Answer to Question 2

FALSE

[P68T]

YES! Correct, THANKS for helping me on my review

[bdobbins]

Thanks for the timely response, appreciate it