Select which standard of comparison best describes each of the following examples. (Answer choices may be used more than once or not at all.) 1. 2. 3. 4. Compare Netflix's current year sales to its prior year sales. Compare Google's revenue to Microsoft's revenue. Compare a company's times interest earned to the rule of thumb of 2 times interest earned. Compare Nike's gross margin to the industry's gross margin.

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter8: Recording Closing Entries And Preparing A Post-closing Trial Balance For A Service Business
Section: Chapter Questions
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Select which standard of comparison best describes each of the following examples. (Answer choices may be used more than once
or not at all.)
1.
2.
3.
Compare Netflix's current year sales to its prior year sales.
Compare Google's revenue to Microsoft's revenue.
Compare a company's times interest earned to the rule of thumb of 2 times interest earned.
Compare Nike's gross margin to the industry's gross margin.
Transcribed Image Text:Select which standard of comparison best describes each of the following examples. (Answer choices may be used more than once or not at all.) 1. 2. 3. Compare Netflix's current year sales to its prior year sales. Compare Google's revenue to Microsoft's revenue. Compare a company's times interest earned to the rule of thumb of 2 times interest earned. Compare Nike's gross margin to the industry's gross margin.
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