When comparing a company's ratios to industry standards,entrepreneurs should ask questions such as:
A)Are the differences significant?
B)Do I need to conduct ratio analysis?
C)How do these ratios benefit me?
D)All of the above

Question

Quizplus · Accepted Answer

When comparing a company's ratios to industry standards, it's important to determine if the differences observed are significant, as this can indicate areas where the company is underperforming or outperforming its industry peers. Questions B and C, while relevant to broader financial analysis, are not directly related to the comparison of a company's ratios to industry standards.

When Comparing a Company's Ratios to Industry Standards,entrepreneurs Should Ask