[Applied Managerial Finance course] Question: You need to analyze a firm's performance in relation to...

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Finance

[Applied Managerial Finance course]

Question: You need to analyze a firm's performance in relation to its peers. You can do this either by comparing the firms' balance sheets and income statements or by comparing the firms' ratios. If you only had time to use one means of comparison which method would you use and why? (150 words)

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