What Is a Ratio

question 8

Multiple Choice

What is a ratio?

• A) The product of two numbers
• B) The quotient of two numbers
• C) The sum of two numbers
• D) The variance of two numbers

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Definitions:

Merger

Two organizations combine resources and become one.

Turnaround

The process of implementing significant changes in a company to reverse poor performance and return to profitability.

Liquidation

The termination of a business and the sale of its assets.

Value Statement

A declaration that communicates an organization's core principles and ethical commitments to its stakeholders.