What information can be gained from sources such as Industry Norms and Key Business Ratios and Annual

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What information can be gained from sources such as Industry Norms and Key Business Ratios and Annual Statement Studies?

(a) The general economic condition.

(b) Forecasts of earnings.

(c) Elaborations of financial statement disclosures.

(d) A company’s relative position within its industry.

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Understanding Financial Statements

ISBN: 9780138114404

12th Edition

Authors: Lyn Fraser, Aileen Ormiston

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