What is the inherent value of conducting ratio analysis

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When analyzing financial statements, what is the inherent value of conducting ratio analysis? Does ratio analysis provide a complete picture of the financial viability of the firm? Why or why not? If asked to provide your professonal opinion on a company's ability to maintain operations and its solvency into the future, what questions might you ask, what ratios might you calculate, and what analysis might you conduct to support your opinion?

Reference no: EM13218600

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