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Answer each question succinctly yet completely. Be mindful of the multiple parts to each question. 8. Discuss in a sentence the relevance of historic, industry,

Answer each question succinctly yet completely. Be mindful of the multiple parts to each question.

8. Discuss in a sentence the relevance of historic, industry, competitive, and market benchmarking with respect to financial ratios (i.e., advantages and challenges for each of the four). What, if anything, is revealed in the analysis? What makes benchmarking difficult?

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