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Which of the following is a common limitation of ratio analysis? a.It can be difficult to identify similar companies to use for external comparisons. b.Accounting

Which of the following is a common limitation of ratio analysis?

a.It can be difficult to identify similar companies to use for external comparisons.
b.Accounting methods may differ across firms and distort comparisons.
c.Non-operating activities are unique to the firm and can distort ratios
d.All of the above
e.None of the above

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