Ratio analysis, like other technologies, has both advantages and disadvantages. Please explain at least one advantage and one disadvantage of ratio analysis.

Managerial Accounting: The Cornerstone of Business Decision-Making
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter15: Financial Statement Analysis
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Ratio analysis, like other technologies, has both advantages and disadvantages. Please explain at least one advantage and one disadvantage of ratio analysis.

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