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Which of these are limitations of financial analysis? 1. Use of historical data II. Invalid comparisons III. Ratio results often contain errors in calculations IV.
Which of these are limitations of financial analysis? 1. Use of historical data II. Invalid comparisons III. Ratio results often contain errors in calculations IV. Historical cost financial reports are not adjusted for inflation V. Non-quantitative factors are not considered Select one: a. I, II, IV and V only b. I, II, III and IV only c. I, II, III and V only The following ratios are measures of aspects of a firm's profitability, except for: Select one: a. return on total assets. b. dividend yield. c. current ratio. d. earnings yield. The quick (acid test) ratio reflects: Select one: a. management's reaction time to avoid losses. b. the belief that not all current assets can be liquidated immediately. c. the same information as the debt ratio. d. the relationship of quick assets to fixed assets
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