Financial managers evaluate a firm's current strengths and weaknesses by computing ratios that compare values of key accounts listed on their firm's:
A) prospectus and operating budget.
B) statement of cash flows.
C) balance sheet and income statement.
D) cost budget statements.

Question

Quizplus · Accepted Answer

Financial managers use ratios from the balance sheet and income statement to assess a firm's financial health, including its strengths and weaknesses.

Financial Managers Evaluate a Firm's Current Strengths and Weaknesses by Computing