Customization is a characteristic of forward contracts, not futures

To avoid reaching incorrect conclusions, analysts should go beyond the "bottom line" when analyzing and interpreting financial statements because nonrecurring items included in net income affect ratio analysis. The calculations of trends and ratios are based on the assumption that net income and other components are comparable from year to year and from company to company. Going beyond the
"bottom line" means looking at the components that created the final result, in this case, net income which is used in ratio analysis. If nonrecurring items exist, they should be considered when making interpretations.

A firm will tend to have a higher amount of short-term debt and a relatively low amount of current assets to sales under a restrictive policy. With a restrictive policy, a firm is less likely to have excess cash that must be invested in marketable securities.

To yield 10%, this bond's price is $846.28. To yield 9%, this bond's price is $918.55.