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Which Is True? Ratio Analysis

Question 37

Multiple Choice

Which is true? Ratio analysis


A) can provide useful information on a firm's current position but should never be used to forecast future performance.
B) can provide useful information on a firm's current position and hint at future performance.
C) can provide useful information on a firm's past but not current position.
D) can provide useful information on a firm's past and current position, but should never be used to forecast future performance.

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