Business Studies, asked by 22ritu24sahu, 11 days ago

explain the importance of ratio analysis in decision making.

Answers

Answered by arun5530

0

Answer:

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Answered by arnavgm25

3

Explanation:

Ratio analysis is a useful management tool that will improve your understanding of financial results and trends over time, and provide key indicators of organizational performance. Managers will use ratio analysis to pinpoint strengths and weaknesses from which strategies and initiatives can be formed.

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