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When balance sheet amount is related to an income statement amount in computing a ratio?

A. Balance sheet amount should be converted to an average for the year B. The income statement amount should be converted to an average for the year. C. Comparison with industry ratios are not meaningful

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Question added by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date Posted: 2014/02/18
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Yasir Hameduddin
by Yasir Hameduddin , Financial Analyst , Islamic Development Bank

A. Balance sheet amount should be converted to an average for the year

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