The Purpose of Using Financial Ratios Is to

question 46

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 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.

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Definitions:

Radius

One of the two large bones in the forearm, located on the side of the thumb.

Carpals

Bones forming the wrist that connect the hand to the forearm.

Phalanges

The bones of the fingers and toes.

Metacarpals

are the five long bones in the hand that connect the wrist to the fingers, forming the part of the hand's skeleton known as the metacarpus.