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1 pts In performing a vertical analysis of an income statement, which of the following is used as the base amount? X Total ex
Question 9 Working capital is a measure of: A companys ability to pay its current obligations The amount of assets financed
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Answer #1

Question 7 : Net sales.

Question 8 : Day's sales in receivables.

Question 9 : A company's ability to pay its current obligation.

Question 10 : Fasle. Reason : To evaluate a compnay one needs to be have a comparative date year on year to do finacial anlysis. Comparing data with the previous year helps in understanding the growth compnay has made i relation to previous year. How well company has able to perform in terms of its operating margin. So it is necessaru to have data for mutilpe year.

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