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One way to measure a company's financial performance is to benchmark against that of its competition. Which of the below is NOT a problem a
One way to measure a company's financial performance is to benchmark against that of its competition. Which of the below is NOT a problem a company faces when benchmarking this way?
A problem arises when we use financial statements of different firms. |
Firms are of different sizes, and thus comparisons may be troubling. |
We cannot restate common-size financial statements for different firms. |
All of these are problems. |
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