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Author Question: In ratio analysis, the financial statements being used for comparison should be dated at the same ... (Read 65 times)

bobypop

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on: Jul 11, 2018
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

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Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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