Question

which depict relationships between items on a​ firm's financial​ statements, are used to discern whether a firm is meeting its financial objectives and how it stacks up against its industry peers?

Answer 1

Financial Ratios

Step-by-step explanation:

When a company want to determine some form of relationships in its financial information and use it to make comparisons with other industry peers, or track if it is on track with its financial objectives, financial ratios is used. This accounting tool is normally used to check return on assets, return on investment, and debt-to-equity etc. These ratios tend to measure how well an organization is doing financially.