Why is it preferable to compare ratios calculated using financial statements that are dated at the same

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Why is it preferable to compare ratios calculated using financial statements that are dated at the same point in time during the year?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Principles Of Managerial Finance

ISBN: 978-0136119463

13th Edition

Authors: Lawrence J. Gitman, Chad J. Zutter

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