Managerial Accounting
Managerial Accounting
16th Edition
ISBN: 9781259995484
Author: Ray Garrison
Publisher: MCGRAW-HILL HIGHER EDUCATION
Question
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Chapter 15, Problem 13P
To determine

Concept Introduction:

Ratios:

A ratio can be defined as a measure calculated to know the relation of two variable, that how they depend on each other. An increase in numerator and decrease in denominator will increase the ratio, on the other hand, a decrease in numerator and increase in denominator will decrease the ratio.

To indicate:

The effects that each business or event would have on the ratio listed opposite to it.

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