103k views
5 votes
What is financial ratio?​

User Wikimind
by
3.8k points

2 Answers

2 votes

Step-by-step explanation:

financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization.

User Jader Dias
by
4.2k points
7 votes

Answer:

financial ratio or accounting ratio is a relative magnitude of two selected numerical values taken from an enterprise's financial statements. Often used in accounting, there are many standard ratios used to try to evaluate the overall financial condition of a corporation or other organization.

User Lucas Moeskops
by
3.8k points