Financial statement analysis: a. is primarily used to identify account values that meet the normal standards. b. is limited to internal use by a firm's managers. c. provides useful information that can serve as a basis for forecasting future performance. d. provides useful information to shareholders but not to debt holders. e. is enhanced by comparing results to those of a firm's peers but not by comparing results to prior periods.

Match each feature with the savings account type

Atax on the sellers of coffee will a. increase the price of coffee paid by buyers, increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. b. increase the price of coffee paid by buyers, increase the e ffective price of coffee received by sellers, and decrease the equilibrium quantity of coffee. c. increase the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee. d. increa se the price of coffee paid by buyers, decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.