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What is the benchmark for each ratio? Why is it important to use benchmarks or historical numbers for comparison? Are Marabelle's ratios falling within appropriate

What is the benchmark for each ratio? Why is it important to use benchmarks or historical numbers for comparison?
Are Marabelle's ratios falling within appropriate range? Explain.  What elements does it show that are important for decision making?

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Answer Benchmarking involves comparing a companys financial ratios or performance metrics against industry averages competitors or historical data to assess its relative performance and identify areas ... blur-text-image

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