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Financial ratios, along with common-size and trend statements, provide analysts with powerful tools for tracking a company's performance over time, for making comparisons among different

Financial ratios, along with common-size and trend statements, provide analysts with powerful tools for tracking a company's performance over time, for making comparisons among different companies and within the industry, and for assessing compliance with various benchmarks. Discuss what some of the limitations to the use of these tools might be? For example, what do you need to consider when evaluating the results and using them for decision-making purposes.

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