Question: Which is true? Ratio analysis: a. can provide useful information on a firm's current position but should never be used to forecast future performance. b.
Which is true? Ratio analysis:
a. can provide useful information on a firm's current position but should never be used to forecast future performance.
b. can provide useful information on a firm's current position and hint at future performance.
c. can provide useful information on a firm's past but not current position.
d. can provide useful information on a firm's past and current position, but should never be used to forecast future performance.
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