Friday, 8 December, 2023
Financial or accounting ratios are the relative magnitude of two selected numerical values from an enterprise's financial statements. These standard ratios are used by managers, shareholders, investors and stakeholders to evaluate the overall financial condition of a firm.
This week, we are going to discuss five useful financial ratios to evaluate the financial performance of companies, and we may have seen these ratios in the annual reports of public listed companies (PLCs).
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