alleryStart learning →Ratio analysis is also described as being used to compare industry:
AGeographies
BCurrencies
CCompetitors
DRegulations
Answer & Solution
Correct answer: C. Competitors
1. The list of uses ends with an external comparison.
2. Ratio analysis examines trends and establishes benchmarks.
3. It is also used to set budget expectations.
4. The final stated use is to compare industry competitors.
_Source: OpenStax Principles of Finance (CC BY 4.0), Ch 6 'Measures of Financial Health'_
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