Analysts need to understand what accounting data do and do not reveal about a company's economic activities and condition.
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Q10: Informed financial statement analysis begins with knowledge
Q11: The first step to informed financial statement
Q12: GAAP filters the data needed for a
Q13: Analysts must always be vigilant about the
Q14: Companies are not required to disclose business
Q16: Asset turnover is defined as sales divided
Q17: Trend statements often provide a clearer indication
Q18: Common size income statements show you how
Q19: Time-series analysis helps identify financial trends over
Q20: Trend income statements recast each statement item
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