In ratio analysis, the financial statements being used for comparison should be dated at the same ...

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In ratio analysis, the financial statements being used for comparison should be dated at the same ...

In ratio analysis, the financial statements being used for comparison should be dated at the same point in time during the year. If not, the effect of seasonality may produce erroneous conclusions and decisions.

Textbook

Principles of Managerial Finance

Edition: 14^th

Authors: Gitman, Zutter

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