Write about financial ratios ,break even and forecasting. Explain how they are applied in a working setting.
The Applications Of Financial Ratios, Break Even And Forecasting
Length: 1 pages (378 Words)
These are very useful indicators of firms’ performance and the situations in the finance sector situations. Most of the ratios are calculated based on the information provided by a financial statement. The uses of financial ratios includes analysis of trends and comparison of the firm’s financials with financials of other firms. Moreover, ratio analysis can foretell future bankruptcy.
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