How are financial ratios used in decision making? (p. 813) a. They remove the uncertainty of the

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How are financial ratios used in decision making? (p. 813)

a. They remove the uncertainty of the business environment.

b. They give clear signals about the appropriate action to take.

c. They can help identify the reasons for success and failure in business, but decision making requires information beyond the ratios.

d. They aren't useful because decision making is too complex.

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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