This question is a piece of cake! A, C, and D are the correct answers. Though I have to say, option F made me chuckle. Who needs forecast data when we have the past to haunt us?
Hmm, I'm not sure about option B. Financial statements do provide financial information, which is the core of ratio analysis. But the other options seem spot on.
I agree with Belen, but I would also add option E. The complicated information in financial statements needs to be summarized, which can limit the level of detail.
Options A, C, and D seem to be the most relevant limitations. Financial statements only provide historical data, limited information to identify trends, and summarized information.
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