How are financial ratios used in decision making? a. They eliminate uncertainty regarding cash flows. b. They

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How are financial ratios used in decision making?

a. They eliminate uncertainty regarding cash flows.

b. They can be used as a substitute for consulting financial statements.

C. They are only used in evaluating business liquidity.

d. They help to identify reasons for business success and failure.

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Financial Accounting

ISBN: 9780136060482

1st Edition

Authors: Jeffrey Waybright, Robert Kemp

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