Question

What is compound ratio?​

Answer 1

Answer:

Step-by-step explanation:

Compound Ratio: When two or more ratios multiplied term-wise, the ratio thus obtained is called compound ratio. In other words, for two or more ratios, if we take antecedent as the product of antecedents of the ratios and consequent as the product of consequents of the ratios, then the ratio thus formed is called mixed or compound ratio.

Current Ratio Formula The Current Ratio formula is = Current Assets / Current Liabilities.

Answer 2

Answer:

When two or more ratios are multiplied termwise; the ratio thus obtained is called compound ratio. For example: The compounded ratio of the two ratios a : b and m : n is the ratio am : bn. Duplicate ratio is the ratio of two equal ratios. The triplicate ratio is the compound ratio of three equal ratios.