Which of the following statements are correct? (a) Accounting ratios should always be expressed as a percentage
Question:
Which of the following statements are correct?
(a) Accounting ratios should always be expressed as a percentage
(b) An accounting ratio compares two amounts appearing on the Statement of financial position
(c) An accounting ratio traces the relations between two amounts in financial statements
(d) An accounting ratio may be expressed in one of four alternative forms
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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