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Multiple Choice Question 93 Ratios are used as tools in financial analysis Instead of horizontal and vertical analyses. because they are prescribed by GAAP. because

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Multiple Choice Question 93 Ratios are used as tools in financial analysis Instead of horizontal and vertical analyses. because they are prescribed by GAAP. because they may provide information that is not apparent from inspection of the individual components of the ratio. because even single ratios by themselves are quite meaningful

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