_____ are calculations typically used to track a business's liquidity, efficiency, and profitability over time compared to other businesses in its industry.
A) Market basket analyses
B) Cash flow analyses
C) Financial ratios
D) Balance sheets

Question

Quizplus · Accepted Answer

Financial ratios are calculations that are used to evaluate a company's financial performance and are compared to those of other firms in the same industry. Ratios can provide insights into a company's liquidity, efficiency, profitability, and financial stability. Cash flow analyses and balance sheets are also important financial statements, but they do not directly compare a business's performance to that of other companies in its industry. Market basket analyses are used to analyze consumer purchasing patterns and are not directly related to corporate financial performance.

_____ Are Calculations Typically Used to Track a Business's Liquidity