A ratio expresses a mathematical relation between two quantities and can be expressed as a percent, rate, or proportion.
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Q45: An advantage of common-size statements is that
Q46: Analysis of a single financial number is
Q47: Horizontal analysis is used to reveal patterns
Q48: Ratios must refer to economically important relationships,
Q49: Trend analysis is a form of horizontal
Q51: The percent change of a comparative financial
Q52: Graphical analysis of the balance sheet can
Q53: A trend percent, or index number, is
Q54: Vertical analysis is used to reveal patterns
Q55: Vertical analysis is a tool to evaluate
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