When comparing entity financial ratios with industry ratios:Answer It should be assumed that the data result from the consistent application of alternative accounting methods. Relative values at a...

When comparing entity financial ratios with industry ratios:Answer It should be assumed that the data result from the consistent application of alternative accounting methods. Relative values at a point in time may not be significant. Relates dividends paid to the entity's assets. Entity ratios should not be compared with industry ratios. .