Ch 14- Ratios Flashcards
1
Q
what is comparative analysis
A
2
Q
IFRS FS provide primarily historical data, more than forward looking data
A
think about how we record land at purchase value
3
Q
what does MD&A provide
A
forward looking info
4
Q
horizontal analysis
A
trend analysis! doing intracmpany comparisons OVER TIME
-> can be expressed as an amount or percentage
5
Q
horizontal percentage of base-period amount=
A
analysis-period amount / base-period amount
6
Q
horizontal percentage change for period=
A
analysis-period amount - prior period amount / prior period amount
7
Q
Vertical analysis
A
common size analysis
vertical % of abse amount= analysis amount / base amount
8
Q
A
