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Why is it important to understand the Economic dynamics affecting a company's industry before you begin to analyze the firm's financial statements? Because a firm's
Why is it important to understand the Economic dynamics affecting a company's industry before you begin to analyze the firm's financial statements?
Because a firm's financial statements are a function of its industry dynamics.
Because a company's auditors often audit several firms within its industry.
Because Porter's Five Forces strongly suggests a firm must follow its industry's financial accounting practices.
Because a company's corporate strategy directly affects its profit margin.
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