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Which of the following statements is (are) true: I : Common-size, trend, and ratio analysis are important tools to analyze financial trends and performance. II:

Which of the following statements is (are) true:

I : Common-size, trend, and ratio analysis are important tools to analyze financial trends and performance.

II: Common-size, trend, and ratio analysis can individually be used to make comparisons between firms and to predict future results.

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