Finding comparable companies in order to compare performance is important because ratios in isolation are difficult to evaluate.

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cheick soumahoro · Accepted Answer

Final Answer : True, Explanation :  Comparing financial ratios of a company to its industry peers or competitors allows for a better assessment of its performance relative to others in the same market or sector. Without a comparative benchmark, ratios may not provide useful insights into the company's financial health or position.

Finding comparable companies in order to compare performance is important because ratios in isolation are difficult to evaluate.

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