Potential problem with financial statement analysis

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Reference no: EM131202176

Which of the following does not represent a potential problem with financial statement analysis?

Financial statement analysis is an art; it requires judgment decisions on the part of the analyst

Most ratios are very complex and difficult to calculate

Different sources may use the same formula for a ratio, but they will have a different name.

Different sources may use different formulas to calculate a ratio with the same name

Adequate detailed disclosure of how the industry ratios are computed is often

Reference no: EM131202176

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