Ratio analysis can help business owners ________.

Question

Quizplus · Accepted Answer

Ratio analysis can be used for all of the above purposes. It can help business owners secure funding by demonstrating their financial viability to potential investors or lenders. It can also be used to manage operations by identifying areas of the business that may be underperforming or in need of improvement. Finally, ratio analysis can be used to compare a business's performance to that of its peers, helping owners understand how they stack up in their industry and where they may need to focus their efforts in order to improve.

Ratio Analysis Can Help Business Owners ________