Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 11DQ
Related questions
Question
What are the financial ratios?
Expert Solution
Step 1
Financial ratios show the financial condition of the company.
Following are types of financial ratios:
- Price ratios
- Profitability ratios
- Liquidity ratios
- Leverage ratios
- Operating or efficiency ratios
Each catgory contains many financial ratios.
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