Which of the following statements are correct? (a) Accounting ratios should always be expressed as a percentage

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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  book-img-for-question

Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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