Balance sheet items are carried at original cost or market value, at the discretion of the individual firm.
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Q13: Ratio analysis for large firms may be
Q14: Industry trend analysis provides a method of
Q15: Firms with P/E ratios higher than the
Q16: Debt-utilization ratios do not consider current liabilities.
Q17: Extraordinary gains and losses are usually included
Q19: Ratio analysis is equally effective in identifying
Q20: The after-tax profit margin represents operating income
Q21: The Statement of Financial Accounting Standards (SFAS)
Q22: For a firm with old, heavy fixed
Q23: Debt-utilization ratios provide an indication of the
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