13-153
13-154
Fill in the Blank Questions
207.
_________________ applies analytical tools to general-purpose financial statements and
related data for making business decisions.
208.
A common focus of financial statement users in evaluating a company’s performance and
financial condition includes evaluating its (1) __________________, (2) ______________, and
(3) ___________________.
209.
General-purpose financial statements include the (1) ______________, (2) _____________,
(3) _______________, (4) ______________ and (5) ________________.
210.
The four building blocks of financial analysis are (1) _____________, (2) ____________, (3)
____________ and (4) _________________.
211.
The standards for comparisons when interpreting measures from financial statement
analysis include (1) ___________, (2) ____________, (3) _____________, and (4)
_______________.
212.
The comparison of a company’s financial condition and performance across time is known
as ____________________.
213.
The comparison of a company’s financial condition and performance to a base amount is
known as _________________.
214.
The measurement of key relationships between financial statement items is known as
________________.
215.
Three of the most common tools of financial analysis are (1) ____________, (2)
__________________, and (3) ______________________.
216.
A good financial statement analysis report usually includes the following six sections: (1)
________________________, (2) ______________________, (3) _________________, (4)
__________________ (5) ____________________, and (6) ______________________.
217.
_______________ financial statements are reports where financial amounts are placed
side-by-side in columns on a single statement for analytical purposes.
218.
Trend percentage is calculated by dividing _________________________ by
___________________________ and multiplying the result by 100.
219.
____________ is a method of analysis used to evaluate individual financial statement items
or groups of items in terms of a specific base amount.
220.
The current ratio and acid-test ratio are used to reflect the ____________ of a business.
221.
The debt ratio, the equity ratio, pledged assets to secured liabilities, and times interest
earned are all ___________________ ratios.
222.
The gross margin ratio, return on total assets, and basic earnings per share are all
_____________ ratios.
223.
______________________ ratios include the price–earnings ratio and dividend yield.
224.
Ratios may be expressed as (1) ________________, (2) __________________, or (3)
__________________.
225.
Income statement items that are reported after the normal revenue and expenses but still
part of continuing operations must be (1) _______________ and/or (2) ____________.
226.
The income level most likely to continue into the future and is commonly used in price–
earnings ratios and other market-based measures of performance is the
________________________.