Question: When should an average amount be used for the numerator or denominator? A. When a ratio consists of an income statement item and a balance

When should an average amount be used for the numerator or denominator? A. When a ratio consists of an income statement item and a balance sheet item B. When the numerator is a balance sheet item or items C. When the denominator is a balance sheet item or items D. When the numerator is an income statement item or items

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