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7.7 times.
2-
Multiple Choice Question 49
Which one of the following is not a tool in financial statement
analysis?
Ratio analysis
Horizontal analysis
Vertical analysis
Circular analysis
3-
IFRS Multiple Choice Question 243
Under IFRS, there is no classification for
changes in accounting principles.
changes in accounting estimates.
discontinued operations.
extraordinary items
4-
Multiple Choice Question 155
ACME Company reports income before income taxes of
$2,400,000 and had an extra-ordinary loss of $800,000. If the tax
rate is 30%,
the income before the extraordinary item is $1,680,000.
the income before the extraordinary item is $1,920,000.