Suppose you are trying to decide whether to invest in a company that generates a high expected ROE, and you want to conduct further analysis of the company’s performance. If you wanted to conduct a comparative analysis for the current year, you would

If you wanted to conduct a comparative analysis for the current year, you would ANALYZE THE FIRM'S FINANCIAL RATIOS OVER TIME (FROM PREVIOUS YEARS, WITH MUCH CONCENTRATION ON THE CURRENT YEAR)- WHICH HELPS IN ESTIMATING THE LIKELIHOOD OF IMPROVEMENT OR DETERIORATION IN ITS FINANCIAL CONDITION, AND WILL EVENTUALLY HELP TO ADDRESS THE ISSUES OF THE CURRENT YEAR.

answer; /// the above statement is (true);