Which of the Following Statements Is Correct

Which of the following statements is correct?

A) A ratio calculation is most relevant in isolation.
B) One of the advantages of ratio analysis is that it allows companies of different sizes to be compared.
C) Finding benchmarks for comparison is a straightforward task.
D) It is always preferable to compare a company's performance to industry-wide ratios rather than to use a competitor's ratios.

Correct Answer:

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