Ratios provide a ________ measure of a company's performance and condition.
A) definitive
B) gross
C) relative
D) qualitative

Question

Quizplus · Accepted Answer

Ratios provide a relative measure of a company's performance and condition by comparing different financial variables to one another. This enables analysts to better understand a company's financial position and make informed decisions. A definitive measure would be an exact value, while a gross measure is the total amount without any deductions. Qualitative measures are subjective and rely on opinions rather than objective data.

Ratios Provide a ________ Measure of a Company's Performance and Condition