Review Trend Analysis of Financial Statements from Managerial Accounting.
A common-size analysis of an income statement reports income statement accounts as a percentage of net sales. A common-size analysis of a balance sheet report balance sheet accounts as a percentage of total assets.
Review Common-Size Analysis of Financial Statements from Managerial Accounting.Profitability ratios focus on the income statement.
Short-term liquidity ratios focus on the short-term liabilities.
Long-term solvency ratios focus on long-term liabilities.
Market valuation measures focus on the value of the company.
Review Ratio Analysis of Financial Information from Managerial Accounting.
Review Non-financial Performance Measures: The Balanced Scorecard from Managerial Accounting.
Review a sample balanced scorecard in Table 13.4 Balanced Scorecard Measures.