In isolation, which of the following is TRUE about a financial ratio? Select one: a. Useful only for past performance b. Useful piece of information c. Useful only for future predictions d. Useless piece of information

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter12: Corporate Valuation And Financial Planning
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In isolation, which of the following is TRUE about a financial ratio?
Select one:
a. Useful only for past performance
b. Useful piece of information
c. Useful only for future predictions
d. Useless piece of information
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