Which of the following statements is NOT correct regarding ratios Ratios are useful because they answer fundamental questions about the firm Ratios can be used to evaluate the goals of a firm Ratios are useful because they standardize financial data for comparison purposes Ratios are not regulated

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Which of the following statements is NOT correct regarding ratios? Ratios are useful because they answer fundamental questions about the firm Ratios can be used

Which of the following statements is NOT correct regarding ratios?

Ratios are useful because they answer fundamental questions about the firm
Ratios can be used to evaluate the goals of a firm
Ratios are useful because they standardize financial data for comparison purposes
Ratios are not regulated

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