What is the purpose of financial ratio analysis? What will be ...

[khang]

What is the purpose of financial ratio analysis?
 
  What will be an ideal response?

Question 2

The challenge for businesses is to determine the best opportunities and to create promotions that do all of the following except ________.
 
  A) Effectively cut through the clutter and noise
  B) Engage the attention of prospective customers
  C) Generate profitable sales
  D) Add to the mass communications the public is bombarded with
  E) None of the above

[InfiniteSteez]

Answer to Question 1

Financial ratios examine relationships among items from a business's financial statements. By making comparisons of your company's performance from period to period and against industry norms, you can adapt your operations and strategies to improve results.

Answer to Question 2

D