Which of the following statements regarding financial ratios is most CORRECT? Group of answer choices: Industry average ratios are good benchmarks to compare performance for all firms in the same industry. Ratios are by themselves good indicators of a firm's strong or weak position. Electric utilities generally have low debt ratios because of their more stable revenue streams. Ratio analysis works better for conglomerate frms than for single-business firms. None of these statements are correct.
Which of the following statements regarding financial ratios is most CORRECT? Group of answer choices: Industry average ratios are good benchmarks to compare performance for all firms in the same industry. Ratios are by themselves good indicators of a firm's strong or weak position. Electric utilities generally have low debt ratios because of their more stable revenue streams. Ratio analysis works better for conglomerate frms than for single-business firms. None of these statements are correct.
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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Which of the following statements regarding financial ratios is most CORRECT?
Group of answer choices:
Industry average ratios are good benchmarks to compare performance for all firms in the same industry.
Ratios are by themselves good indicators of a firm's strong or weak position.
Electric utilities generally have low debt ratios because of their more stable revenue streams.
Ratio analysis works better for conglomerate frms than for single-business firms.
None of these statements are correct.
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