The Tinri company, a large manufacturer and supplier of wireless speakers, experienced massive growth the last three years. However, the company's profits and stock prices have declined over the past two years.

Tinri recruited you as their lead financial consultant to address upper management with potential reasons for the decline. Prior to your meeting you must collaborate with your team members to create a list of ratio-related topics to focus the conversation.

To begin, you must evaluate the 5 categories of ratios, explain the purpose of the ratios, and determine how implementing each category or ratio can assist in Tinri's declined areas.

In your presentation address the following:

Explain the purpose of ratio 

Answer rating: 100% (QA)

The purpose of a ratio is to provide a way to compare two or more things Ratios can be used to compare two companies two products or two financial sta... View the full answer