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From the following options select all of the ones that are good reasons to use ratio analysis. Ratios directly answer every question we're likely to
From the following options select all of the ones that are good reasons to use ratio analysis. Ratios directly answer every question we're likely to have about a firm. All ratios are applicable to every firm and in the same way. It makes it easier to compare firms of different sizes. You can make a custom ratio to measure exactly what a given situation requires, regardless of whether it's listed in the textbook. Ratios are not affected by inflation or changes in inflation. Nominal values like $50,000 or $13.75 million aren't necessarily good or bad, and we need to put them into some kind of context
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