Profitability ratios are evaluated by comparing them over time for a single company or by comparing them with ratios for similar companies.

Name: Profitability ratios are evaluated by comparing them over time for a single company or by comparing them with ratios for similar companies.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Profitability ratios are commonly used to evaluate a company's financial performance over time and to compare it with the ratios of other similar companies to determine its relative strength or weakness.

Profitability Ratios Are Evaluated by Comparing Them Over Time for a Single