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Which of the following is NOT the limitation of financial ratio analysis? Statement A: Sometimes it is hard to tell if a ratio is good
Which of the following is NOT the limitation of financial ratio analysis?
Statement A: Sometimes it is hard to tell if a ratio is "good" or "bad".
Statement B: Seasonal factors can distort ratios.
Statement C: Ratio comparisons can be used for industry and trend analysis.
Question options:
Statement A
Statement C
none of the above
Statement B
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
