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Basic Question 12 of 12
The term cross-sectional analysis refers to comparing ______.
B. balance sheet items to income statement items
C. a firm's ratios to its industry's ratios
A. inventory turnover to cost of goods sold
B. balance sheet items to income statement items
C. a firm's ratios to its industry's ratios
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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.

Martin Rockenfeldt
Learning Outcome Statements
calculate and interpret common-size balance sheets and related financial ratios
CFA® 2025 Level I Curriculum, Volume 2, Module 3.