How are past performance and industry norms useful in evaluating a companys performance? What are their limitations?

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How are past performance and industry norms useful in evaluating a company’s performance? What are their limitations?

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Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

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Question Posted: Mar 26, 2014 09:15 AM

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How are past performance and industry norms useful in evaluating a companys performance? What are their limitations?

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