Financial ratios are a common tool used by over 50% of small business owners in the daily management of their businesses.

Question

Quizplus · Accepted Answer

While financial ratios are an important tool for analyzing a business's financial health, there is no evidence to suggest that over 50% of small business owners use them daily in managing their businesses. Many small business owners may not have the financial literacy or resources to use these tools daily.

Financial Ratios Are a Common Tool Used by Over 50