Question
When you evaluate a company's financial ratios in
relation to other companies in the same industry, what type of comparison is this?Solution
Inter firm comparison entails evaluating a company's financial ratios and metrics in comparison to other companies in the same industry. It helps determine how a company stacks up against its competitors or peers within the industry.
More Commerical Law Questions
Which of the following is/are constant along a demand curve?
(1) Income of the consumers
(2) Price of related goods
Which of the following is true for income elasticity of demand?
(1) It measures the responsiveness of quantity demanded of a good with respect...
Which of the following is true as per the law of supply?
(1) There is a negative relation between quantity supplied and price
(2) The...
A perfectly elastic demand curve is
For normal goods, the demand curve has a/an_______ slope.
Relevant for Exams:
