Question: Financial statement analysis: a. is primarily used to identify account values that meet the normal standards. b. is limited to internal use by a firm's

Financial statement analysis:

a. is primarily used to identify account values that meet the

normal standards.

b. is limited to internal use by a firm's managers.

c. provides useful information that can serve as a basis for

forecasting future performance.

d. provides useful information to shareholders but not to debt

holders.

e. is enhanced by comparing results to those of a firm's peers

but not by comparing results to prior periods.

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