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Which of the following statements is INCORRECT with regard to ratio analysis? 1) Ratios help facilitate comparison by standardizing numbers. 2) Ratio analysis helps highlight

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Which of the following statements is INCORRECT with regard to ratio analysis? 1) Ratios help facilitate comparison by standardizing numbers. 2) Ratio analysis helps highlight the weaknesses and strengths. 3) Ratio analysis is particularly more effective for conglomerate firms that have different divisions. 4) All of the above

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