149k views
5 votes
When you are interpreting financial ratios, it is useful to compare a company's ratios to some form of standard. true?

User NGLN
by
8.4k points

1 Answer

1 vote
The statement is true. A financial ratio or also known as the  accounting ratio is a relative size of two chose numerical esteems taken from a venture's monetary articulations. Regularly utilized as a part of bookkeeping, there are numerous standard proportions used to endeavor to assess the general monetary state of a partnership or other association.
User Taran
by
7.8k points

No related questions found