Bingham Inc. is a retailer with annual sales of less that $10 million. At the end of 2012, ratio analysis is performed on Bingham's financial statements by various stakeholders. Bingham's 2012 ratios are not likely to be compared to:
A) Bingham's 2011 ratios.
B) Bingham's 2012 budgeted ratios.
C) other retailers with annual sales of less than $10 million.
D) a manufacturer with annual sales of less than $10 million.
Correct Answer:
Verified
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