In making the decision to enter the pharmaceutical industry,a company would not need to consider which of the following?
A) historical comparisons
B) comparisons with industry norms
C) comparisons with key competitors
D) comparisons with non-competitors

Question

Quizplus · Accepted Answer

The financial position of a firm should not be analyzed in isolation. Important reference points are needed. We will address some issues that must be taken into account to make financial analysis more meaningful:historical comparisons, comparisons with industry norms, and comparisons with key competitors.

In Making the Decision to Enter the Pharmaceutical Industry,a Company