Below are selected ratios for two companies in the same industry, along with industry average: Can we
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Below are selected ratios for two companies in the same industry, along with industry average:
Can we say on the basis of above ratios and information that company B is better than company A because its ratios are better in six out of eight areas (all except stock turnover and rate of return on total assets)? The company B is better than the industry average in the same six categories.
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Related Book For
Management Accounting Text Problems And Cases
ISBN: 9781259026683
6th Edition
Authors: M Y Khan, P K Jain
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