ACCOUNTING PRINCIPLES
ACCOUNTING PRINCIPLES
12th Edition
ISBN: 9781119145257
Author: Weygandt
Publisher: JOHN WILEY+SONS INC.CUSTOM
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Chapter 18, Problem 2Q
To determine

Financial Analysis: Analysis of financial statements of the firm helps to frame policies and plans. Financial analysis determines the financial situation of the firm. It can be used for comparison.

To explain: (a) Difference among (1) intracompany, (2) industry averages, (3) intercompany comparison.

(b) The principal value of use of the three bases of comparison.

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ACCOUNTING PRINCIPLES

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