Profitability ratios are used to assess performance and: (a) Companies will be interested in trends in the

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Profitability ratios are used to assess performance and:

(a) Companies will be interested in trends in the ratios.

(b) Companies will try to have the same ratio in each month of operation.

(d) companies will track their revenue and expenses over time and assess any variability.

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Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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Question Posted: Apr 05, 2019 11:39 AM

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Profitability ratios are used to assess performance and: (a) Companies will be interested in trends in the

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Auditing A Practical Approach

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