What is a serious limitation of financial ratios? (a) Ratios are screening devices. (b) Ratios can be

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What is a serious limitation of financial ratios?

(a) Ratios are screening devices.

(b) Ratios can be used only by themselves.

(c) Ratios indicate weaknesses only.

(d) Ratios are not predictive.

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Understanding Financial Statements

ISBN: 9781292101552

11th Global Edition

Authors: Lyn Fraser, Aileen M. Ormiston

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Question Posted: Mar 20, 2024 12:00 AM

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What is a serious limitation of financial ratios? (a) Ratios are screening devices. (b) Ratios can be

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Understanding Financial Statements

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