Because Differences in Business Traditions and Practices Could Make Cross-Country

question 47

Multiple Choice

Because differences in business traditions and practices could make cross-country ratio analysis difficult,what should an analyst do to overcome this problem?

• A)Learn more about the business environment in relevant countries.
• B)Make all decisions using nominal monetary differences rather than ratios.
• C)Translate all ratios to a common currency.
• D)Avoid recommending investments in foreign companies.

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