Ratio analysis is used to determine all of the following except
A) what a firm is worth.
B) how much a firm made or lost.
C) how a firm compares to others in the industry.
D) how a firm compares to its stated goals.
E) how a company's cash flows changed from the beginning to the end of an accounting period.

Question

Quizplus · Accepted Answer

Ratio analysis involves calculations that measure an organization's financial health and brings the complex information from the income statement and balance sheet into sharper focus so that managers,lenders,owners,and other interested parties can measure and compare the organization's productivity,profitability,and financing mix with other similar entities.

Ratio Analysis Is Used to Determine All of the Following