Explain What Ratio Analysis Is

question 53

Essay

Explain what ratio analysis is. Name the four categories of ratios and describe the type of information each group provides the small business owner.

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Definitions:

Argument

A set of statements structured to support a conclusion through reasoning.

Earth Spinning

The rotation of the Earth on its axis, causing the cycle of day and night.

Explanation

A statement or account that makes something clear or understandable, often providing the reasons for a phenomenon or event.

Argument

A set of statements or reasons given with the aim of persuading others that an action or idea is right or wrong.