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Which statement reflects a key point that has to be considered when using ratio analysis? Group of answer choices a ) It is preferable to
Which statement reflects a key point that has to be considered when using ratio analysis? Group of answer choices a It is preferable to use audited financial statements to reflect true financial conditions b When calculating and comparing ratios, data must be from consecutive periods c It is preferable to compare older established businesses to newer businesses d Overall performance of a business can be determined from a single ratio calculation
Which statement reflects a key point that has to be considered when using ratio analysis?
Group of answer choices
a It is preferable to use audited financial statements to reflect true financial conditions
b When calculating and comparing ratios, data must be from consecutive periods
c It is preferable to compare older established businesses to newer businesses
d Overall performance of a business can be determined from a single ratio calculation
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