Professional purchasers should become familiar with financial ratios because they can provide quick and valuable insights into a supplier's financial health.

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Financial ratios can help professional purchasers evaluate a supplier's profitability, liquidity, debt management, and other aspects related to financial health. By analyzing such ratios, purchasers can make informed decisions before entering into any business relationship with a supplier.

Professional Purchasers Should Become Familiar with Financial Ratios Because They