What can you use to compare companies in different industries?

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asked Dec 10, 2022 124k views

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Justin Wignall · Answer 1 · 2022-12-15T20:10:33+0000

Answer:

Investors generally use ratios to evaluate companies and make comparisons between companies within an industry. Ratio analysis simplifies the process of comparing the financial statements of multiple companies.

What can you use to compare companies in different industries?

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