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Describe the three tools of financial statement analysis

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Reference no: EM13887599

Maria Fierro Corporation reported the following amounts in 2012, 2013, and 2014.

 

2012

2013

2014

Current assets

$220,000

$230,000

$240,000

Current liabilities

$160,000

$170,000

$184,000

Total assets

$500,000

$600,000

$630,000

Instructions

(a) Identify and describe the three tools of financial statement analysis. (b) Perform each of the three types of analysis on Maria Fierro's current assets.

Reference no: EM13887599

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