Answer to Question #229513 in Other for Millicent

Question #229513

Which statement is INCORRECT about financial ratios?

Select one:

a. No rules of thumb apply to the interpretation of financial ratios.

b. Financial ratios can serve as screening devices.

c. Financial ratios can indicate areas of potential strength and weakness.

d. Financial ratios are predictive.

Expert's answer

d. Financial ratios are predictive.

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