What are the benefits of using financial ratios when analyzing the financial statements of an organization? What are some of the pitfalls?
Explain why using only ratios to evaluate a firm may result in a faulty assessment.
What other criteria besides the numbers found on a financial statement should be considered?
The book we are using is below and chapter is 3 and 4. (it does not have to be the same edition)
Block, S. B., Hirt, G. A., & Danielsen, B. R. (2016). Foundations of financial management. New York, NY: McGraw-Hill Education.
Block et al: Chapters 3 – 4
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