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Why are trend analysis and industry comparison important to financial ratio analysis?
Trend analysis assists financial analysts and managers see whether a company's current financial situation is improving or deteriorating.
industry comparison or Cross-sectional analysis allows analysts to put the value of a firm's ratios in the context of its industry.
Scope of Financial Management The approach to scope and functions of financial management is divided, forpurposes of exposition, into two broad categories: (a) Traditional A
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What are the assumptions of MM(Modigliani Miller) approach?
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decision criteria of profitability index.
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