Which of the following is least useful as a basis for comparison when analyzing ratios? (a) Company
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Which of the following is least useful as a basis for comparison when analyzing ratios?
(a) Company results from a different economic setting.
(b) Standards from past experience.
(c) Rule-of-thumb standards.
(d) Industry averages.
AppendixLO1
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Related Book For
Financial Accounting Information For Decisions
ISBN: 9780073043753
4th Edition
Authors: John J. Wild
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