What is the purpose of financial ratios? Why are financial ratios particularly useful in helping a firm

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What is the purpose of financial ratios? Why are financial ratios particularly useful in helping a firm interpret its financial statements? Financial Ratios
The term is enough to curl one's hair, conjuring up those complex problems we encountered in high school math that left many of us babbling and frustrated. But when it comes to investing, that need not be the case. In fact, there are ratios that,...
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