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anygoal [31]
3 years ago
11

All of the following are steps of a financial statement analysis except: Establish objectives of the analysis. Prepare pro forma

statements. Study the industry in which the firm operates. Develop knowledge of the firm and the quality of management.
Business
1 answer:
Salsk061 [2.6K]3 years ago
6 0

Answer:

<h2>In this case,the answer would be the the last option among the answer list or options given in the question or Develop knowledge of the firm and the quality of management.</h2>

Explanation:

  • The steps of any financial statement analysis involve preparation of pro-forma financial statements which contain the future predictions about the financial situations or the cash flow scenario of any company or business organisation.
  • Another step of the analysis is a thorough industrial analysis in the context of any company or business organisation's particular product or service.This construes a profound and detailed evaluation of the value chain of the concerned product or service manufactured and sold by the company or the organisation.
  • An extremely important step of the financial statement analysis is to identify the primary objectives of such analysis and to which concerned stakeholders or entities it will impact and in what way/s.It also sets the required materials or resources needed for the analysis and predictable amount of time required to conduct the analysis.
  • However,financial statement analysis does not apparently warrants any analysis of the administrative or management qualities of any company or business organisation.It only concerns those activities or operations conducted by the firm or company which eventually directly or indirectly relates to the financial operation and cash flow scenario of the firm or company.
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Vanyuwa [196]

Answer:

B. early followers

Explanation:

Based on the information provided within the question it can be said that in this scenario Mantel and Adventura would be considered early followers. Early Followers or better known as First Followers, refers to the company or companies that enter the market shortly after the first company has already entered into that market. They do this to see the barriers that the first company has already overcome and are able to do it easier.

7 0
3 years ago
In late December you​ decide, for tax​ purposes, to sell a losing position that you hold in​ Twitter, which is listed on t
sukhopar [10]

Answer:

a. The Bid/Ask spread is $0.03.

b. The statement is “False”.

c. The Bid/Ask spread at the time trade was executed is $0.02.

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Explanation:

Please check the file attached below to see the solution to given question

7 0
3 years ago
William and Theodore have decided to start a travel business called Excellent Adventures. Since their business primarily involve
likoan [24]

Answer:

Corporation

Explanation:

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4 0
3 years ago
In the united states about ________ of all jobs are in consumer services.
gregori [183]
<span> 50 percent

Hope this helps!</span>
4 0
4 years ago
Michael is in sales meeting with a potential client. The client is interested in the product but is concerned that the product c
GalinKa [24]

Complete Question :

Michael is in sales meeting with a potential client. The client is interested in the

product but is concerned that the product costs 15% more than the competitor's.

How should Michael handle this sales situation?

A.) Offer the client a 20% discount.

B.) Ask the client how much he or she would be willing to pay for the product.

C.) Show the client the better warranty and quality that comes with the slightly

higher cost.

D.) Say "Thanks for your time" and leave

Answer: C.) Show the client the better warranty and quality that comes with the slightly

higher cost.

Explanation: The fact that Michael's product costs 15% more than the price of it's competitor doesn't spell the end of the deal. What Michael needs to explain and make clear to the client in the sales meeting are the vague distinctions which exists between what his own product offering and that of it's competitors. Michael needs to let the potential buyers understand and get clearly the additional offers, quality or performance associated with his own product which ultimately accounts for the higher cost of his own product.

4 0
3 years ago
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