Ratio analysis is an important component of evaluating company performance. It can provide great insights...

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Accounting

Ratio analysis is an important component of evaluating company performance. It can provide great insights into how a company matches up against
itself over time and against other players within the industry.
However, like many tools and techniques, ratio analysis has a few limitations and weaknesses.
Which of the following statements represent a weakness or limitation of ratio analysis? Check all that apply.
Seasonal factors can distort data.
Market data is not sufficiently considered.
Window dressing might be in effect.
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