Ratio Analysis Works Best When Evaluating the Financial Statements of Two

Multiple Choice

Ratio analysis works best when evaluating the financial statements of two firms

A) in the same industry but located in different countries.
B) of differing sizes in the same industry.
C) with one being in a single line of business while the other is a conglomerate.
D) of the same size in differing industries.
E) when both are conglomerates with varying lines of business.