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Which of these is a limitation of financial ratio analysis? Select one: a.Suitable yardsticks for comparisons are not always available. b.Ratios have a restricted vision as they only assess the past. c.Year-end data is not necessarily typical of the position during the year. d.All of the above

Which of these is a limitation of financial ratio analysis? Select one: a.Suitable yardsticks for comparisons are not always available. b.Ratios have a restricted vision as they only assess the past. c.Year-end data is not necessarily typical of the position during the year. d.All of the above

Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter6: Accounting Quality
Section: Chapter Questions
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Which of these is a limitation of financial ratio analysis?

Select one:
a.Suitable yardsticks for comparisons are not always available.
b.Ratios have a restricted vision as they only assess the past.
c.Year-end data is not necessarily typical of the position during the year.
d.All of the above
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