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Which of the following statements best describes the limitation of financial ratios. Financial ratios tell a story and give management options for improving performance. Financial
Which of the following statements best describes the limitation of financial ratios. Financial ratios tell a story and give management options for improving performance. Financial ratios are best used internally and can be misinterpreted when used by lenders or investors. | Financial ratios are difficult to calculate, change over time, and acceptable levels vary among different industries None of these. Financial ratios tell where a particular operation is or is not doing well but doesn't report why or how to improve the situation. s pts
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