Profits might be compared with sales, assets, or stockholders equity. Why might all three bases be used?

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Profits might be compared with sales, assets, or stockholders’ equity. Why might all three bases be used? Will trends in these ratios always move in the same direction?

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Financial Reporting and Analysis Using Financial Accounting Information

ISBN: 978-1439080603

12th Edition

Authors: Charles H Gibson

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Question Posted: Jun 23, 2012 06:12 AM

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Profits might be compared with sales, assets, or stockholders equity. Why might all three bases be used?

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Profits can be compared to the sales from which they are ...View the full answer

Financial Reporting and Analysis Using Financial Accounting Information

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