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The incorrect statement concerning Financial ratiosis: A. A ratio expresses the relationship between two figures appearing in the financial statements. B. Ratios adjust for scale
The incorrect statement concerning Financial ratiosis:
A. A ratio expresses the relationship between two figures appearing in the financial statements.
B. Ratios adjust for scale of operations and allow comparisons between businesses of different sizes.
C. Ratios are easy to interpret but difficult to calculate.
D. None of theabove, i.e., all are true statements.
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