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Question 39 When performing ratio analysis, it is best to: analyze only the firm's ratios for the current year. only focus on the positive ratios,

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Question 39 When performing ratio analysis, it is best to: analyze only the firm's ratios for the current year. only focus on the positive ratios, because management doesn't need to hear about the negative ones. ignore the fact that historical book values can distort some ratios. compare a firm's ratios to its past ratios, as well as industry averages and other

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