You are told to compare the companys results for the year, as measured by various ratios, with one of the published surveys that arranges information by industry classification. What difficulties might you encounter when making comparisons using industry standards?
Chapter 13, Questions #2
You are told to compare the company’s results for the year, as measured by various ratios, with one of the published surveys that arranges information by industry classification. What difficulties might you encounter when making comparisons using industry standards?
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One of the difficulties in comparing a company's ratios with industry standards …View the full answer
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