Unformatted text preview: 4. Published peer group or industry averages are approximations and provide the user with general guidelines a. An industry average may not be a desirable target ratio or norm 5. Many industries have seasonal sales and their corresponding ratios vary with the time of the year 1...
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This note was uploaded on 08/22/2009 for the course FIN 3310 taught by Professor Potts during the Spring '08 term at Baylor.
- Spring '08
- Ratio Analysis