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Which of the following statements regarding ratios is most likely true? Ratios indicate what issues require further investigation by the analyst Ratios are useful because

Which of the following statements regarding ratios is most likely true?

  • Ratios indicate what issues require further investigation by the analyst
  • Ratios are useful because they answer fundamental questions about a firm
  • Ratios cannot be used to compare firms of different size
  • Ratios are regulated by the same organization that promulgates accounting standards

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