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Which of the following is a limitation of ratio analysis? Question content area bottom Part 1 A. Ratios that reveal large deviations from the norm
Which of the following is a limitation of ratio analysis?
Question content area bottom
Part 1
A.
Ratios that reveal large deviations from the norm merely indicate the possibility of a problem.
B.
It is difficult to access audited financial statements for ratio analysis.
C.
Financial ratios cannot be used to assess a firm's profitability.
D.
Ratio analysis assumes that inflation has no effect on a firm's business.
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