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Which expert is Right? Lily: Two US companies in the same industry with the same size and sales volume will have the same current ratio
Which expert is Right?
Lily: Two US companies in the same industry with the same size
and sales volume will have the same current ratio CACL
Larry: A firm's diversification in terms of suppliers or customers base
can be detected through financial ratios
Lucy: Financial Ratios are dependent on the accounting methods
used by the firm
Luke: Financial Ratios predict qualitative attributes like managerial
experience
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