How might the use of an end-of-the-year balance sheet bias the calculation of certain ratios?

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How might the use of an end-of-the-year balance sheet bias the calculation of certain ratios?

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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