A single key ratio of a firm provides all the information required to judge the overall performance of the firm.

Name: A single key ratio of a firm provides all the information required to judge the overall performance of the firm.
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Question

Quizplus · Accepted Answer

A single ratio cannot provide a comprehensive view of a firm's overall performance. It is important to consider multiple factors, such as liquidity, profitability, efficiency, and solvency, to gain a more complete understanding of the firm's financial health.

A Single Key Ratio of a Firm Provides All the Information