Question : 91. In horizontal analysis the percent change computed by: A. Subtracting the analysis : 1225393

91. In horizontal analysis the percent change is computed by: 

A. Subtracting the analysis period amount from the base period amount.

B. Subtracting the base period amount from the analysis period amount.

C. Subtracting the analysis period amount from the base period amount, dividing the result by the base period amount, then multiplying that amount by 100.

D. Subtracting the base period amount from the analysis period amount, dividing the result by the base period amount, then multiplying that amount by 100.

E. Subtracting the base period amount from the analysis amount, then dividing the result by the analysis period amount.

92. To compute trend percents the analyst should: 

A. Select a base period, assign each item in the base period statement a weight of 100%, and then express financial numbers from other periods as a percent of their base period number.

B. Subtract the analysis period number from the base period number.

C. Subtract the base period amount from the analysis period amount, divide the result by the analysis period amount, then multiply that amount by 100.

D. Compare amounts across industries using Dun and Bradstreet.

E. All of these.

93. Comparative financial statements in which each individual financial statement amount is expressed as a percentage of a base amount are called: 

A. Asset comparative statements.

B. Percentage comparative statements.

C. Common-size comparative statements.

D. Sales comparative statements.

E. General-purpose financial statements.

94. Comparative financial statements in which each individual financial statement amount is expressed as a percentage of a base amount, and in which the base amount is expressed as 100%, are called: 

A. Comparative statements.

B. Common-size comparative statements.

C. General-purpose financial statements.

D. Base line statements.

E. Index statements.

95. Common-size statements: 

A. Reveal changes in the relative importance of each financial statement item.

B. Do not emphasize the relative importance of each item.

C. Compare financial statements over time.

D. Show the dollar amount of change for financial statement items.

E. Reveal patterns in data across successive periods.

96. The common-size percent is computed by: 

A. Dividing the analysis amount by the base amount.

B. Dividing the base amount by the analysis amount.

C. Dividing the analysis amount by the base amount and multiplying the result by 100.

D. Dividing the base amount by the analysis amount and multiplying the result by 1,000.

E. Subtracting the base amount from the analysis amount and multiplying the result by 100.

97. A corporation reported cash of $14,000 and total assets of $178,300. Its common-size percent for cash equals: 

A. .0785%.

B. 7.85%.

C. 12.73%.

D. 1273%.

E. 7850%.

98. Current assets minus current liabilities is: 

A. Profit margin.

B. Financial leverage.

C. Current ratio.

D. Working capital.

E. Quick assets.

99. Current assets divided by current liabilities is the: 

A. Current ratio.

B. Quick ratio.

C. Debt ratio.

D. Liquidity ratio.

E. Solvency ratio.

100. Quick assets divided by current liabilities is the: 

A. Acid-test ratio.

B. Current ratio.

C. Working capital ratio.

D. Current liability turnover ratio.

E. Quick asset turnover ratio.