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    Business
  3. Study Set
    Accounting for Business
  4. Exam
    Exam 6: Ratio Analysis 1: Profitability, Efficiency, and Performance
  5. Question
    Ratios Must Be Calculated on a Consistent Basis in Order
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Ratios Must Be Calculated on a Consistent Basis in Order

Question 4

Question 4

True/False

Ratios must be calculated on a consistent basis in order to generate a valid trend analysis across several years.

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