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The purpose of accounting ratios is to A . Assess financial performance of an organization compared to it's projected budget B . Compare the performance

The purpose of accounting ratios is to

.

Assess financial performance of an organization compared to it's projected budget

.

Compare the performance of one organization to that of the industry benchmark

.

Drill down into operations to identify the reason for poor financial performance

.

Determine why actual performance does not match the budget

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