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

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What is a serious limitation of financial ratio?

(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: 9780131878563

8th Edition

Authors: Lyn M Fraser, Aileen Ormiston

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Question Posted: Oct 04, 2024 10:00 AM

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

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Understanding Financial Statements

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