51. Details of compensation paid to officers and directors can be found in proxy statements. True False 52. The statement of cash flows is separated into four parts: operating, investing, financing, and planning. True False 53. The SEC requires that Management Discussion and Analysis found in the annual report (10K) contains, among other things, a discussion about the company's liquidity, capital resources, and results of operations. True False 54. The explanatory notes (footnotes) accompanying the financial statements are generally of little value in aiding a financial analyst when interpreting the financial statements. True False 55. Two popular techniques of comparative analysis are year-to-year change analysis and trend analysis. True False 56. Common-size statements are useful for intercompany comparisons. True False 57. In a common-size balance sheet, total assets are expressed as 100 percent. True False
51. Details of compensation paid to officers and directors can be found in proxy statements. True False 52. The statement of cash flows is separated into four parts: operating, investing, financing, and planning. True False 53. The SEC requires that Management Discussion and Analysis found in the annual report (10K) contains, among other things, a discussion about the company's liquidity, capital resources, and results of operations. True False 54. The explanatory notes (footnotes) accompanying the financial statements are generally of little value in aiding a financial analyst when interpreting the financial statements. True False 55. Two popular techniques of comparative analysis are year-to-year change analysis and trend analysis. True False 56. Common-size statements are useful for intercompany comparisons. True False 57. In a common-size balance sheet, total assets are expressed as 100 percent. True False
Subramanyam--Financial-Statement-Analysis-11e.docx