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Question 2 (2 marks) Using financial statement ratio analysis is useful for evaluating the performance and position of a business, however, there are some limitations

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Question 2 (2 marks) Using financial statement ratio analysis is useful for evaluating the performance and position of a business, however, there are some limitations of this type of analysis. Required (200 words): Critically explain the statement above. Include in your explanation descriptions of the examples of the limitations of financial statement ratio analysis this statement is referring to

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