Question: Question 2 1 Although ratios can provide valuable information, they can also be misleading for the following reason ( s ) :ratios are only as

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21

Although ratios can provide valuable information, they can also be misleading for the following reason

(

)

:ratios are only as reliable as the accounting data on which they are based.compilation of industry norms often do not report information about the distribution of valuesall of the given choicescomparative analysis depends on the availability of data for appropriately defined industries.

Question 2 1 Although ratios can provide valuable

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