How much flexibility should the analyst or manager accept in constructing ratio definitions for use within the
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How much flexibility should the analyst or manager accept in constructing ratio definitions for use within the same company or organization? For example, why might the analyst be more flexible in defining the quick ratio but not the current ratio? On the other hand, would the same flexibility be associated with a vertical analysis? Why not?
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Financial Accounting Reporting And Analysis
ISBN: 9780324149999
6th Edition
Authors: Earl K. Stice, James Stice, Michael Diamond, James D. Stice
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