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    Accounting Theory
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    Exam 8: Usefulness of Accounting Information to Investors and Creditors
  5. Question
    Accounting-Based Ratios Have Not Been Very Useful in Discriminating Between
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Accounting-Based Ratios Have Not Been Very Useful in Discriminating Between

Question 69

Question 69

True/False

Accounting-based ratios have not been very useful in discriminating between firms that subsequently went bankrupt and those that did not.

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