Which of the following can offer a type of comparison in financial statement analysis?
A)Past ratios and figures
B)Industry averages
C)Statistics of competitors
D)All of the answers are correct.
E)None of the answers are correct.

Question

Quizplus · Accepted Answer

All of the options listed can be used to offer types of comparison in financial statement analysis. Past ratios and figures can be used for trend analysis, industry averages can provide benchmarks for comparison, and statistics on competitors can provide insights into relative performance.

Which of the Following Can Offer a Type of Comparison