1. What is common size statement, and how to prepare such statement?
2. What is Goodwill and how different is it from other assets.
3. A tangible asset:
a. is defined as any asset which adds value to a firm
b. by definition includes both equipment and patents
c. is another term for a fixed asset
d. is defined as an asset with a market value that exceeds the book value
e. is a fixed asset with a physical existence