What are ratios? How are they used? In a role as a financial manager which ratios do you consider important? Why? Have you used any of the ratios?
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What are ratios? How are they used? In a role as a financial manager which ratios do you consider important? Why? Have you used any of the ratios?
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Solution Summary
Your tutorial is 237 words plus a references and gives seven ways to use ratios.
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Ratios are relationship between two numbers. In financial analysis, we need qualitative information and try to read between the numbers. Ratio analysis can also help us to check whether a business is doing better this year than it was last year; and it can tell us if our business is doing better or worse than other businesses doing and selling the same things. In other words it ...
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