Question: What are the potential benchmarks that you could use to compare a companys financial ratios? What are the pros and cons of these alternatives? Include
What are the potential benchmarks that you could use to compare a companys
financial ratios? What are the pros and cons of these alternatives?
Include the following words/phrases:
comparison to firm's prior history,
comparison to firm's expected or budgeted performance,
comparison to industry average,
comparison to market.
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