Question
Financial analysis is more meaningful if the ratios can be compared to an appropriate benchmark such as: industry averages. economic industry sector. changes over time.
Financial analysis is more meaningful if the ratios can be compared to an appropriate benchmark such as:
industry averages.
economic industry sector.
changes over time.
all of the options are appropriate benchmarks
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Engineering Economic Analysis
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
9th Edition
978-0195168075, 9780195168075
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