Question: With ratio analysis, when an item on the cash flow statement is compared to a balance sheet item: Group of answer choices the balance sheet

With ratio analysis, when an item on the cash flow statement is compared to a balance sheet item:

Group of answer choices

the balance sheet item should first be calculated as an average amount for the year

the ending balance of the balance sheet item should be used

a meaningful comparison of items between these statements cannot be made

the beginning balance of the balance sheet item should be used

no explanation needed

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