Data from ratio analysis can be:
A)compared to particular competitors in the industry.
B)compared to the company ratio data in previous years.
C)compared to industry averages.
D)all of the above.

Question

Quizplus · Accepted Answer

Ratio analysis is a useful method to assess a company's financial performance. It involves comparing different financial ratios to industry averages or a company's historical performance, as well as to competitors in the same industry. Therefore, all of the given choices (A, B, and C) are correct when it comes to data from ratio analysis.

Data from Ratio Analysis Can Be