Question: What are the limitations of industry-average ratios as a source of benchmarks for a firm's financial condition? Discuss briefly.

What are the limitations of industry-average ratios as a source of benchmarks for a firm's financial condition? Discuss briefly.

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S ome of the mo r e si g n i f i ca nt limit a tions of indus t r y a v e r a g e s in c lud e 1 P i c king a n indust r y b e n c hm ar k ca n som e ... View full answer

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What are the limitations of industry-average ratios as a source of benchmarks for a firms financial condition? Discuss briefly.

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