Question: Why is comparison with industry averages helpful when analyzing financial statements? Question 9 options: a . Companies want to be average b . Serves as

Why is comparison with industry averages helpful when analyzing financial statements? Question 9 options: a.Companies want to be average b. Serves as a base line for comparison with similar companies of larger/smaller size c. Management bonuses are based on averages d.Helpful in evaluating sales campaigns

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