Imagine that youve been asked to explain 1 of the major accounting ratios to a group of high school students who have no background in business or accounting but are eager to learn.

Respond to the following in a minimum of 175 words:

• Choose 1 of the following ratios, and describe how you would explain it in your own words, using a specific example:
• Current Ratio
• Asset Turnover
• Profit Margin on Sales