Calculate the following financial ratios. TIP: If you don't remember how to calculate financial ratios, review the Calculating Financial Ratio pages from Lesson 2 of this unit.

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13-07-2022
Business

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Calculate the following financial ratios. TIP: If you don't remember how to calculate financial ratios, review the Calculating Financial Ratio pages from Lesson 2 of this unit.

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Tundexi Tundexi · Answer 1 · 2022-07-22T23:24:17+02:00

The financial ratio on a financial statement or items gives an insight on the firm financial position.

What is a financial ratio?

This refers to the ratio that is used to calculate a company's financial status or production against other firms.

Most decision-users makes use of these financial tool to analyse and gain information about the finance of a company's history or the entire business sector.