Indicate some of the concerns or cautions that need to be considered when conducting Ratio analysis & Industry comparable ratio analysis. Provide examples to demonstrate your explanation.

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 5DQ
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Indicate some of the concerns or cautions that need to be considered when conducting Ratio analysis & Industry comparable ratio analysis. Provide examples to demonstrate your explanation.

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