One of the limitations of ratio analysis is window dressing. Which of the following statement...
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Accounting
One of the limitations of ratio analysis is window dressing. Which of the following statement best describe this limitation? 1) Different accounting treatments can distort the ratio comparisons 2) Ratios are easy to manipulate they are misused by managers to present of better picture of the company than what it is. 3) Assets bought earlier appear more profitable. O4) Ratios that are compared not dated during same period may produce erroneous conclusions
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