1. Accounting Ratios are important tools used by
(a) Managers,
(b) Researchers,
(c) Investors,
(d) All of the above
Answers
Answer:
d
Explanation:
managers, researchers, investors
Answer:
The correct option to this question is (d) All of the above.
Explanation:
Managers, researchers, and investors use it effectively to comprehend the success, resilience, and financial standing of businesses. In order to analyze a company's financial accounts, accounting ratios are comparisons of two or more financial variables. Accounting ratios are a range of measurements used to assess the productivity and profitability of an organization based on its financial reporting. They are a crucial subset of financial ratios. They serve as a means of expressing the connection between various accounting data points and form the cornerstone of ratio analysis.
Thus, Accounting Ratios are also used by Financial analysts, retail investors, creditors, competitors, tax authorities, regulatory authorities, and industry observers.