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Ratio Analysis uses ____ Statements and Ratios ____________ and the ______ ratio shows overall efficiency of management? a. Discount; are good and bad; ROA b.

Ratio Analysis uses ____ Statements and Ratios ____________ and the ______ ratio shows overall efficiency of management?

a. Discount; are good and bad; ROA

b. Historical; are good and bad; ROE

c. Pro-Forma; indicate causes and not symptoms; ROE

Both b. and c.

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