Answered: Problem #21 Despite numbers (or…

Problem #21 Despite numbers (or quantitative) reports being important, discuss the limitations of ratio analysis. Point out two examples.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Problem #21
Despite numbers (or quantitative) reports being important, discuss the limitations of ratio analysis.
Point out two examples.

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