___________is used by financial managers as a structure for dissecting the firm's financial statementsto assess its financial condition.
A) A statement of cash flows
B) A cross-sectional analysis
C) The DuPont system of analysis
D) A common-size income statement

Question

Quizplus · Accepted Answer

The DuPont system of analysis provides a systematic approach to evaluate a company's financial performance by analyzing its profitability, efficiency, and leverage ratios. It helps financial managers to identify the areas of improvement and make informed decisions about resource allocation. A statement of cash flows, a cross-sectional analysis, and a common-size income statement are other important tools for financial analysis, but they do not provide a comprehensive framework like the DuPont system.

___________Is Used by Financial Managers as a Structure for Dissecting