A limitation in calculating ratios in financial statement analysis is that
a. it requires a calculator.
b. no one other than management would be interested in them.
c. some account balances may reflect atypical data at year end.
d. they seldom identify problem areas in a company.
c. some account balances may reflect atypical data at year end.
You might also like to view...
The price of a Wendy's Bacon Cheeseburger is $.99, the same as it was five years ago. Had the price of this sandwich increased at the same 3% annual rate as U.S. consumer prices did over the last five years, what would its price be today?
A) $1.15 B) $1.02 C) $1.12 D) $1.22 E) $ .84
The Digital Millennium Copyright Act of 1998 amended the Copyright Act to create limitations on the liability of online providers for copyright infringement when they are engaging in certain activities
a. True b. False Indicate whether the statement is true or false