Which of These Statements Is False

question 17

Multiple Choice

Which of these statements is false?

• A)A ratio can be computed from any pair of numbers.
• B)Given the large quantity of variables included in financial statements,a very long list of meaningful ratios can be derived.
• C)Comparing ratios computed from income statement and balance sheet numbers can create difficulties due to the timing of the financial statements.
• D)Financial ratios are usually expressed in percent or times.
• E)In vertical analysis,a figure from this year's statement is compared with a base selected from the prior statement.

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