Which of the following is $($are$)$ true?

The use of a firm's ratios to benchmark the firm's performance relative to their competitors precludes

using them for trend analysis.

Ratio analysis allows for a better comparison of firm activity over time $($trend analysis$)$

Finding comparable competitor companies $($benchmarking$)$ is easily accomplished by most firms

Using ratio analysis is not a challenge since most firm's have consistent ratios$-$they are all poor or all

good.