Multiple Choice
Which of the following statements concerning financial ratios is incorrect?
A) Accounting principles and methods used by a company will not affect financial ratios.
B) The informational value of a ratio in isolation is limited.
C) A ratio is one number expressed as a percentage or fraction of another number.
D) Calculation of financial ratios is not sufficient for a complete financial analysis of a company.
Correct Answer:
Verified
Correct Answer:
Verified
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