Question 34 1 pts 34. To analyze the performance of a business, the net profit amount is often divided by the revenues; and the result is presented in percent (%). Which of the following statements does not explain the purpose or benefit of applying such method of analysis? 1. It is the industry norm to use such method. 2. Such method provides simple index to understand the performance easier. 3. It makes it possible to compare different businesses on the same scale. 4. It makes it possible to compare the same company's performance of different time periods