A company can use comparisons of its financial data to the data of other companies and industry averages to evaluate its position.

Name: A company can use comparisons of its financial data to the data of other companies and industry averages to evaluate its position.
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Comparing a company's financial data to that of other companies and industry averages is a common practice in financial analysis and can help a company evaluate its position and performance.

A Company Can Use Comparisons of Its Financial Data to the Data