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Foundations of Financial Management Study Set 5
Quiz 3: Financial Analysis
Ratios Are Only Useful for Those Areas of Business That
Question 92
True False
Ratios are only useful for those areas of business that involve investment decisions.
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Q 93
LIFO inventory pricing does a better job than FIFO in equating current costs with current revenue.
Q 94
Financial ratios are used to weigh and evaluate the operational performance of the firm.
Q 95
FIFO will cause inflated profits during deflation.
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