Fin/571 quiz two (2015) 6/6 correct answers

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Fin/ 571 quiz 2 1- Which one of the following statements about trend analysis is NOT correct? Sole proprietorship a- All of these are true statements. b- The standard industrial classification (SIC) system is used to identify benchmark firms. c- This benchmark is based on a firm’s historical performance. d- It allows management to examine each ratio over time and determine whether the trend is …

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