In financial statement analysis, ratios are:
A) the only type of analysis where industry data are available
B) absolute numbers converted to a common base
C) fractions usually expressed in percent or times
D) the only indication of the financial position of the firm
E) none of the answers are correct

Question

Quizplus · Accepted Answer

Ratios are fractions that are usually expressed in percent or times, used to analyze financial statements.

In Financial Statement Analysis, Ratios Are