Term
| In order to get the percentages in a vertical analysis, one must? |
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Definition
| Divide the asset or liability by the total. |
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Term
| A compnay's ability to pay its CURRENT liabilites is referred to as: |
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Definition
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Term
| A company's ability to pay its LONG TERM Liabilities is referred to as: |
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Definition
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Term
| A profit or loss unusual in nature and infrequent in occurrence: |
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Definition
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Term
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Definition
| A means to express each item in a financial statement as a percentage of a base amount. |
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Term
| The sale or disposal of a significant component of a company's operations: |
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Definition
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Term
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Definition
| A tool to analyze trends in financial statement data for a single company over time. |
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Term
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Definition
| The ability of reported earnings to reflect the company's true earnings as well as the usefulness of reported earnings to help investors predict future earnings. |
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Term
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Definition
| A profit or loss unusual in nature and infrequent in occurrence. |
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Term
Conservative Accounting Practives |
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Definition
| Accounting choices that result in reporting lower income, lower assets, and higher liabilities. |
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