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What is the usefulness of using Ratio analysis in financial reporting? What is industry average? How it benefits?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 2DQ: What is the advantage of using comparative statements for financial analysis rather than statements...

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