Question: Cash ratio Quick ratio QUESTION 3 Financial statement analysis: is primarily used to identify account values that meet the normal standards. is limited to internal

Cash ratio Quick ratio QUESTION 3 Financial statement analysis: is primarily used to identify account values that meet the normal standards. is limited to internal use by a firm's managers. provides useful information that can serve as a basis for forecasting future performance. provides useful information to shareholders but not to debtholders. D is enhanced by comparing results to those of a firm's peers but not by comparing results to prior periods. QUESTION 4

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