Ratio analysis which compares a company to an industry is complicated because
A. reliable industry data is not readily accessible.
B. the accounting conventions between companies may be dissimilar.
C. large companies are diversified across several industries.
D. more than one of the above.
Answer:D
Ratio analysis which compares a company to an industry is complicated because
A. reliable industry data is not readily accessible. B. the accounting conventions between companies may be dissimilar. C. large companies are diversified across several industries. D. more than one of the above.