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stranahan stranahan
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7 years ago
One simplifying characteristic of ratio analysis is that once we have created common size statements, the benchmarking of industry ratios becomes redundant because all industries have the same ratios when using common size values.
A) True
B) False
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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flappunctualflappunctual
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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