The analyst should be careful when evaluating a ratio analysis that
A. The overall performance of the firm may be judged on a single ratio.
B. The dates of the financial statements being compared are the same time.
C. Pre-audited statements are used.
D. All of the above.
Answer:B
The analyst should be careful when evaluating a ratio analysis that
A. The overall performance of the firm may be judged on a single ratio. B. The dates of the financial statements being compared are the same time. C. Pre-audited statements are used. D. All of the above.