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Which of the following is not a true statement about ratios. They are based on historical costs. They provide answers in and of themselves and

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Which of the following is not a true statement about ratios. They are based on historical costs. They provide answers in and of themselves and are not predictive. There are no "rules of thumb" that apply to the interpretation of ratios. They do not provide answers in and of themselves and are not predictive. O Ratios should be used with other elements of financial analysis

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