Financial ratios can be used to assess which of the following aspects of a firm's performance?
A)Liquidity
B)Solvency
C)Profitability
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

Financial ratios can be used to assess all three aspects of a firm's performance - liquidity, solvency, and profitability. Ratio analysis is a useful tool for evaluating a company's financial health, performance, and growth potential. It can help investors and analysts make informed decisions about buying or selling securities, and help business owners and managers to identify areas where they can improve their operations.

Financial Ratios Can Be Used to Assess Which of the Following