Because differences in business traditions and practices could make cross-country ratio analysis difficult, what should an analyst
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Question:
Because differences in business traditions and practices could make cross-country ratio analysis difficult, what should an analyst do to overcome this problem?
A) Learn more about the business environment in relevant countries.
B) Make all decisions using nominal monetary differences rather than ratios.
C) Translate all ratios to a common currency.
D) Avoid recommending investments in foreign companies.
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