All the following are cautions managers and investors, Financial Management

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All the following are cautions managers and investors

All the following are cautions managers and investors should consider when evaluating a firm using ratio analysis EXCEPT:

A. The financial statement is historical and may not reflect future performance.

B. Firms often window dress their financial statements.

C. Firms use different accounting procedures.

D. Many firms operate in only one industry

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Financial Management: All the following are cautions managers and investors

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Financial Management: All the following are cautions managers and investors

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