Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 13, Problem 6QS
Summary Introduction

Concept Introduction:

Financial statements like income statement, balance sheet, and statement of cash flows are used to perform the financial analysis. Financial statement analysis is done with the help of ratios. These ratios are categorized under different categories like liquidity ratios, solvency ratios, profitability ratios, etc.

To indicate:if the change in ratio is favorable or not.

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