None Provided16 A) The limitations given by a single-year line is that this statement only shows for a given amount of time, and enkindle be deceiving. And they kindle buoy be overcome by the use of proportional statements, because with these statements you can see more of a history of how a company has done. With this one can see more figures and they can analyze the whole situation.
B) Comparative balance sheets and comparative income statements, can be misleading, because accountants can play with numbers and make things either look better or worse than they really are. They can do what is sometimes called Window dressing, when one makes a pecuniary statement appear more favorable than they really are. 18-10 A) authorized ratio is important, because this tells you if you have enough money to pay your bills. If the Ratio is too low, this may signify that the l...If you want to get a full essay, order it on our website: Ordercustompaper.com
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