Each of the following is true of successful financial ratio analysis EXCEPT ____. a. ratios must be used in conjunction with other data to obtain meaningful information b. ratios are meaningful only when compared to a standard c. some industries use special ratios that are unique to the activities of firms in those industries d. a single ratio is all that is needed to indicate specific areas of weakness that must be addressed
Each of the following is true of successful financial ratio analysis EXCEPT ____. a. ratios must be used in conjunction with other data to obtain meaningful information b. ratios are meaningful only when compared to a standard c. some industries use special ratios that are unique to the activities of firms in those industries d. a single ratio is all that is needed to indicate specific areas of weakness that must be addressed
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
Each of the following is true of successful financial ratio analysis EXCEPT ____.
| a. |
ratios must be used in conjunction with other data to obtain meaningful information
|
|
| b. |
ratios are meaningful only when compared to a standard
|
|
| c. |
some industries use special ratios that are unique to the activities of firms in those industries
|
|
| d. |
a single ratio is all that is needed to indicate specific areas of weakness that must be addressed
|
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