AUDITING & ASSURANCE SERVICES CONNECT AC
AUDITING & ASSURANCE SERVICES CONNECT AC
10th Edition
ISBN: 9781259292057
Author: MESSIER
Publisher: MCG
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Chapter 5, Problem 5.16RQ
To determine

Introduction: Financial ratios are used in order to determine the relationship between various items of the financial statements and comparing them with the previous year’s performance or with any other firm in the industry and accordingly take decisions.

To explain: The four categories of financial ratios.

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