Financial Ratios Are Used to Compare a Firm's Performance Over

question 9

Multiple Choice

Financial ratios are used to compare a firm's performance over different time periods, to compare the firm's performance to industry averages, and to compare a firm's performance with

• A) overall business standards.
• B) projected goals.
• C) the performance of suppliers.
• D) non-financial ratios.
• E) the performance of competitors.

---

Definitions:

Natural Gas

Natural gas is a fossil fuel consisting mainly of methane and other hydrocarbons, used as a source of energy for heating, cooking, and electricity generation.

Demand Curve

A visual chart that depicts the correlation between a product's price and the amount consumers are willing to buy.

Digital Cameras

Electronic devices that capture and store photographs in digital format, allowing for easy editing and sharing.

Memory Cards

Portable storage devices used for storing digital information, commonly used in digital cameras, smartphones, and other electronic devices.