Industry comparative analysis is used to compare a firm's ratios against average ratios for the S&P 500.

Name: Industry comparative analysis is used to compare a firm's ratios against average ratios for the S&P 500.
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Industry comparative analysis involves comparing a firm's financial ratios and performance metrics against those of its industry peers, not specifically against the S&P 500, which is a stock market index.

Industry Comparative Analysis Is Used to Compare a Firm's Ratios