Discuss the tendency of ratios to fluctuate over time (which may or may not beproblematic), explain how they can be influenced by accounting practices aswell as other factors, and explain why they must be used with care.

Discuss the tendency of ratios to fluctuate over time (which may or may not beproblematic), explain how they can be influenced by accounting practices aswell as other factors, and explain why they must be used with care.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Discuss the tendency of ratios to fluctuate over time (which may or may not be
problematic), explain how they can be influenced by accounting practices as
well as other factors, and explain why they must be used with care.

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