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What are some of the pitfalls involved in using financial ratios?
B.Finally, an analyst should understand how a given ratio has changed over time and the reasons for that change.A ratio for a given period may be acceptable, but ignoring changes over time can lead an analyst to overlook important developments.
Skiing
A winter sport involving the movement over snow with the help of skis attached to each foot.
Explicit
Clearly and directly expressed or demonstrated, leaving no room for confusion or ambiguity.
Procedural Memory
The aspect of long-term memory that enables people to perform tasks without conscious awareness of having learned them, such as riding a bike.
Episodic Memory
The type of long-term memory that involves the recollection of specific events, situations, and experiences.
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