Company managers are aware that the readers of financial statements often use accounting ratios to evaluate their
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Company managers are aware that the readers of financial statements often use accounting ratios to evaluate their performance. Explain how this could lead to decisions which are against the company’s best interests.
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While its true that accounting ratios are commonly used by stakeholders to assess a companys financial performance there are situations where this can lead to decisions that may not align with the com...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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