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Why is it sometimes misleading to compare a company’s financial ratios with those of other firms...

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Finance

Why is it sometimes misleading to compare a company’s financialratios with those of other firms that operate in the sameindustry?

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Sometimes it is misleading to compare a companys financial ratios with those of other firms that operate in the same industry This is because Although they operate in the same industry the subindustry or    See Answer
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