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4 Explain in your own words the significance and use of financal ratio analysis, drawing first an analogy from non-financial ratios used in day-today life

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4 Explain in your own words the significance and use of financal ratio analysis, drawing first an analogy from non-financial ratios used in day-today life and then naming and describing the four more commonly used categories of financial ratos out of 1 iB I F T 8

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