Question
A calculated ratio value tells us little about a firm unless we compare it to something. That 'something' is usually an analysis of ratios from
A calculated ratio value tells us little about a firm unless we compare it to something. That 'something' is usually an analysis of ratios from the firm's past (time trend), or ratios from the firm's industry (industry averages). When would we prefer one comparison to the other?
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The Palgrave Handbook Of Government Budget Forecasting
Authors: Daniel Williams, Thad Calabrese
1st Edition
3030181944, 978-3030181949
