What Are Ratios, and Why Are They Important? When we do financial statement analysis, why do we

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What Are Ratios, and Why Are They Important?

When we do financial statement analysis, why do we need to study ratios? Why can't we just look at dollars of sales, dollars of debt, or dollars of profit?

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Auditing A Practical Approach

ISBN: 9780730382645

4th Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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Posted Date: Sep 28, 2023 07:08 AM

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What Are Ratios, and Why Are They Important? When we do financial statement analysis, why do we

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Expert Answer:

1 Ratios are numerical comparisons that express the relationship between two or more quantities They are important because they provide a concise way to analyze and interpret financial information mak... View the full answer

Auditing A Practical Approach

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