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Select one of the financial ratios. Write the formula for calculating it, and then explain how it is useful in analyzing the financial health of

Select one of the financial ratios. Write the formula for calculating it, and then explain how it is useful in analyzing the financial health of the firm.

How would you use the ratio as the manager of the firm? How would you assess whether it is at an appropriate level or if it should be improved, and if so, how would you improve it?

Can you use the same ratio, or something very similar, to assess your own personal financial health? If so, explain.

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