21.4 Discuss the limitations of ratio analysis and why they arise. Do you think that they are...

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21.4 Discuss the limitations of ratio analysis and why they arise. Do you think that they are so serious as to undermine the validity of this approach to the analysis of financial statements?

Exercises for Chapter 21 are combined with those for Chapter 22.

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Principles Of Financial Accounting

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Authors: Ian Gillespie, Richard Lewis, Kay Hamilton

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21.4 Discuss the limitations of ratio analysis and why they arise. Do you think that they are...

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