Financial statement analysis: a. is enhanced by comparing results to those of a firm's...

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Accounting

Financial statement analysis:
a. is enhanced by comparing results to those of a firm's peers but not by comparing results to prior periods.
b. provides useful information to shareholders but not to debt holders.
c. is primarily used to identify account values that meet the normal standards.
d. is limited to internal use by a firm's managers.
e. provides useful information that can serve as a basis for forecasting future performance.
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