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stranahan stranahan
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7 years ago
One way to measure a company's financial performance is to benchmark against that of its competition. Which of the below is NOT a problem a company faces when benchmarking this way?
A) Firms are of different sizes, and thus comparisons may be troubling
B) We cannot restate common-size financial statements for different firms.
C) A problem arises when we use financial statements of different firms.
D) All of these are problems.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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tokentame78tokentame78
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you very much for this. It's really helpful.
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