METHODOLOGICAL IMPLICATIONS OF NON‐NORMALLY DISTRIBUTED FINANCIAL RATIOS: A REPLY
回应了Horrigan对残差分析的质疑，论证财务比率不能安全地用于比较，但残差分析的障碍可以克服。
This reply extends the contention that fhancial ratios cannot be used comparatively with any safety. It is shown that the obstacles posed by Horrigan for residual analysis may easily be overcome.