Question: Referring to the CICA research study mentioned in this chapter, discuss some limitations of the financial statement analysis done in BE23-19. In BE23-19 2014 2013

Referring to the CICA research study mentioned in this chapter, discuss some limitations of the financial statement analysis done in BE23-19.
In BE23-19

2014 2013 $780 546 234 156 78 2012 Net sales Cost of goods sold Gross profit Selling, general, and administrative expenses Profit before tax $800 560 240 200 40 $720 468 252 115 137

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