give an example of mixed ratio (with formula)
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Explanation:
MIX RATIO IS KNOWN. Divide 1 by the total number of parts (water + solution). For example, if your mix ratio is 8:1 or 8 parts water to 1 part solution, there are (8 + 1) or 9 parts. The mixing percentage is 11.1% (1 divided by 9).
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When the data from both balance sheet and revenue statements are used, it is called mixed or composite ratio. For example, working capital turnover ratio, inventory turnover ratio, accounts payable turnover ratio, fixed assets turnover ratio, return of net worth ratio, return on investment ratio.
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