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Discuss the merits and limitations of ratio analysis

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Reference no: EM133100010

a) Discuss the merits and limitations of ratio analysis.

b) Explain your understanding of the risk/return relationship and why it is so important in Financial Management.

c) What should be the primary objective of a commercial firm? How does this work in reality and what other objectives might be important for the company?

Reference no: EM133100010

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