Business Studies, asked by Mohini6230, 1 year ago

What do you mean by account ratio account how are they useful for business?

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Answered by aryandhingra05345

0

DEFINITION of 'Accounting Ratio' Accounting ratios, also known as financial ratios, are used to measure the efficiency and profitability of a company based on its financial reports. They provide a way of expressing the relationship between one accounting data point to another, and are the basis of ratio analysis.

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