Business Studies, asked by denni18, 5 hours ago

Importance of financial ratios and how they are applied. Please specifically mention debt to income ratio, current ratio, return on investment, and debt to equity ratio.

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Answered by ss0228896
1

Answer:

Financial ratios offer entrepreneurs a way to evaluate their company's performance and compare it other similar businesses in their industry. Ratios measure the relationship between two or more components of financial statements. They are used most effectively when results over several periods are compared

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