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Financial ratios: which of the following is correct? 1. Allow comparisons across firms without concern over firm size. II. Can compare a firm's operating and

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Financial ratios: which of the following is correct? 1. Allow comparisons across firms without concern over firm size. II. Can compare a firm's operating and financial status to industry norms. III. Provide insights into a company's future. IV. Look at the liquidity, activity, leverage, profitability and market measures of a firm

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