Question
a.
The financial ratio summarises some aspect of the firm's financial condition at the time of preparing a balance sheet.
b.
Both the numerator and denominator of financial ratios come directly from the balance sheet.
c.
Income statement ratios compare one 'flow' item from the income statement to another flow item from the income statement.
d.
All of these
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Q. Pick up the correct statement from the following:
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