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Why do we use the average balance for certain accounts when calculating a certain ratio? (the question comes from the book there are no specifics

Why do we use the average balance for certain accounts when calculating a certain ratio? (the question comes from the book there are no specifics ratios)

Why do we ignore inventory as a source of the fund when calculating the acid test ratio?

Assume that you calculate a financial ratio how should you evaluate?

Why do we add losses back in the cash statement?

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