the significance and use of financial ratio analysis, drawing first an analogy from non-financial ratios used in day-today life and then naming and describing the four more commonly categories of financial ratios

Explain in your own words the significance and use of financial 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 ratios. 7 i B I Ff T: % S