QS 17-1 Financial reporting L.O. C1 Which of the following items are part of financial reporting but are not included as part of general-purpose financial statements? (Select all that apply.) Stock price information and analysis Statement of cash flows Management discussion and analysis of financial performance Income statement Company news releases Balance sheet Financial statement notes Statement of shareholders' equity Prospectus QS 17-2 Standard of comparison L.O. C2 What are the four possible standards of comparison used to analyze financial statement ratios? (Click each check box to clear the "?". Then, click the check box next to each answer that applies.) Intracompany Competitor Industry Guidelines (Rules of Thumb) Horizontal analysis Vertical analysis Which of these is generally considered to be the most useful? (Click each check box to clear the "?". Then, click the check box next to each answer that applies.) Intracompany. Competitor Industry Guidelines (Rules of Thumb) Horizontal analysis Vertical analysis Which one is least likely to provide a good basis for comparison? Intracompany Competitor Industry Guidelines (Rules of Thumb) Horizontal analysis Vertical analysis QS 17-3 Trend percents L.O. P1 The following is the information for Tipster Corporation: ($ thousands) 2011 2010 Net sales $201,600 $114,800 Cost of goods sold 109,200 60,200 Determine the 2010 and 2011 trend percents for net sales using 2010 as the base year. (Round your answers to 1 decimal place. Omit the "%" sign in your response.) 2011 2010 Trend percents % % QS 17-4 Common-size analysis L.O. P2 The following is the information for Tipster Corporation: ($ thousands) 2011 2010 Net sales $201,600 $114,800 Cost of goods sold 109,200 60,200 Determine the 2010 and 2011 common-size percents for cost of goods sold using net sales as the base. (Round your answers to 1 decimal place. Omit the "%" sign in your response.) 2011 2010 Common-size percents % % QS 17-5 Horizontal analysis L.O. P1 Compute the annual dollar changes and percent changes for each of the following accounts. (Round your Percent Change answers to 1 decimal place. Negative amounts should be indicated by a minus sign. Omit the "$"and "%" signs in your response.) 2011 2010 Short-term investments $217,800 $165,000 Accounts receivable 42,120 48,000 Notes payable 57,000 0 Dollar Change Percent Change Short-term investments $ % Accounts receivable % Notes payable Additional Requirements Min Pages: 1 Level of Detail: Show all work