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Financial Statements, Cash Flow and Taxes Part I Why is it sometimes misleading to compare a company's financial ratios with those of other firms that

Financial Statements, Cash Flow and Taxes

Part I

Why is it sometimes misleading to compare a company's financial ratios with those of other firms that operate in the same industry?

Part II

Discuss the 6 categories of financial ratios. Which ratios are more effective in decision making for managers and investors? Discuss your use of this ratios.

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