Preparing the financial statements for service business

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1. Describe the major differences in preparing the financial statements for a service business and a merchandising business.

2. Which of the following types of analysis include common-sized financial statements?

1. trend analysis

2. ratio analysis

3. vertical analysis

4. horizontal analysis

3. Haven Inc is in the 35% tax bracket & has a 12% rate of return. The after tax rate of return is

Reference no: EM131286503

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