The Purpose of Using Financial Ratios Is to

question 73

Multiple Choice

The purpose of using financial ratios is to

• A) save space on your financial statements.
• B) share your financial figures with your advisors.
• C) help to analyze your raw data to compare how well you are doing.
• D) better understand how you are managing your financial resources.
• E) both C and D above

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Definitions:

Axis Title

A label that describes the purpose or contents of a particular axis on a graph or chart, helping to clarify the data being presented.

Data Markers

Visual symbols in charts or graphs that represent individual data points.

Vertical Axis

In charting, the y-axis along which the height of bars, points, lines, etc., represent the measured value or frequency of occurrence.

Total Row

A feature in spreadsheets and databases that automatically calculates the sum, average, or other statistical measures for a range of cells or values.