what are the objectives of common and comparative ratio
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Answer:
Objectives of Ratio Analysis are:
Simplify accounting information. Determine liquidity or Short-term solvency and Long-term solvency. Short-term solvency is the ability of the enterprise to meet its short-term financial obligations.
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Explanation:
Simplify accounting information. Determine liquidity or Short-term solvency and Long-term solvency. Short-term solvency is the ability of the enterprise to meet its short-term financial obligations.
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