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What does it mean to use the trend of financial statement ratios to compare the financial position and results of operations of one firm to

  1. What does it mean to use the trend of financial statement ratios to compare the financial position and results of operations of one firm to another firm?
  2. What does it mean to asses liquidity of an entity?
  3. What does it mean when ROI has decreased even though net income has increased?
  4. What does it mean to use the DuPont model to help explain a decrease in ROI?

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