UNDERSTANDING BUSINESS
UNDERSTANDING BUSINESS
12th Edition
ISBN: 9781264161881
Author: Nickels
Publisher: MCG
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Chapter 17, Problem 4CT
Summary Introduction

To think critically about: The necessity to consider that the ratios may differ from industries to industries.

Introduction: Ratios are the mathematical formulas that involve financial information to obtain information about various qualitative factors of the financial statements. Ratio analysis is the analysis of financial statement data for the purpose of evaluating the qualitative characteristics of the firm.

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