Distinguish among the following bases of comparison, Accounting Basics

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Distinguish among the following bases of comparison

Question: 1.(a) Distinguish among the following bases of comparison: intracompany, intercompany, and industry averages.

(b) Give the principal value of using each of the three bases of comparison.

2. Name the major ratios useful in assessing

(a) liquidity and

(b) solvency.

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Accounting Basics: Distinguish among the following bases of comparison

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Accounting Basics: Distinguish among the following bases of comparison

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