Which of these statements are false?
a. many companies clearly do not fit into any indu...
Social Studies, 23.11.2019 02:31 sixtomomtermont
Which of these statements are false?
a. many companies clearly do not fit into any industry
b. the financial service uses its best judgment as to which industry is best suited to the firm
c. an analysis of the financial statements of an enterprise may be more significant if its results are compared with industry averages and competitors
d. when using industry averages, it is often necessary to use the industry most suitable for the firm.
e. a company comparison should not be made with industry averages if the company clearly does not fit into any industry
Answers: 1
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