The authors place financial ratios into __________.
A.) two broad categories: (1) balance sheet ratios; and (2) income statement ratios
B.) three broad categories: (1) balance sheet ratios; (2) income statement ratios; and (3) income statement/balance sheet ratios
C.) two broad categories: (1) balance sheet and income statement/balance sheet ratios; and (2) income statement ratios
D.) two broad categories: (1) balance sheet ratios; (2) income statement and income statement/balance sheet ratios
Answer: D