Kizspy | Question: 3 (Choose 1 answer)
Which of the following is true of ratio analysis?
A. Ratios are not generally used to analyze profitability.
B. The choice of the scale has no affect on the information garnered from the ratio.
C. Ratios are not adjustable for different types of firms.
D. A ratio is computed by dividing one balance sheet item or income statement item by another.
