In ratio analysis, the financial statements being used for ...

[bobypop]

In ratio analysis, the financial statements being used for comparison should be dated at the same point in time during the year. If not, the effect of seasonality may produce erroneous conclusions and decisions.
 
  Indicate whether the statement is true or false

Question 2

A downward-sloping yield curve that indicates generally cheaper long-term borrowing costs than short-term borrowing costs is called ________.
 
  A) normal yield curve
  B) inverted yield curve
  C) flat yield curve
  D) linear yield curve

[jrpg123456]

Answer to Question 1

TRUE

Answer to Question 2

B