Foundations of Business - Standalone book (MindTap Course List)
Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN: 9781285193946
Author: William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher: Cengage Learning
Question
Chapter 15, Problem 6DQ
Summary Introduction

To determine: The most important financial ratio.

Introduction: Financial ratios include the correlation of different figures from the financial statements keeping in mind the end goal to pick up data about an organization's performance. It is the understanding, as before the estimation, that makes financial ratios a valuable instrument for business managers.

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