Asked by
Priscilla Ochonogor
on Dec 02, 2024
Verified
Ratios are typically compared with similar figures from history, the competition, and budget.
Ratio Comparison
A method of analysis where financial ratios of a company are compared to industry benchmarks or the company's historical figures to assess performance.
- Understand the use of ratio analysis in comparing firm's performance over time and against competitors.
Verified Answer
JM
Learning Objectives
- Understand the use of ratio analysis in comparing firm's performance over time and against competitors.
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