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1		Comparative financial statements in which each amount is expressed as a percent of a base amount are called - statements.


2		A financial statement with data for two or more successive accounting periods placed in columns side by side is referred to as a statement.


3		How productive a company is in using its assets is referred to as .


4		The ratio is calculated by dividing shareholders' equity by total assets.


5		The process of communicating information that is relevant to investors, creditors, and others in making investment, credit, and similar decisions is called reporting.


6		The application of analytical tools, such as determining liquidity, profitability, and solvency ratio, to general-purpose financial statements and related data for making business decisions is called financial statement .


7		The availability of resources to meet short-term cash requirements is referred to as .


8		A company's ability to generate an adequate return on invested capital is referred to as .


9		refers to a company's long-run financial viability and its ability to cover long-term obligations.


10		analysis is a tool to evaluate each financial statement item or group of items in terms of a specific base amount.


11		Current assets minus current liabilities = .


12		Gross profit is also called gross .


13		analysis is a tool to evaluate changes in financial statement data across time.


14		A company’s source of financing; the balance between debt and equity (shares) is called .


15		analysis is the determination of key relations among financial statement items.


16		The amount of current assets less current liabilities is called .


17		A is expressed by selecting a base period as 100% and other periods as a percentage of the base period.

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