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What is the ideal ratio of all accounting ratio?
There is no single ideal ratio.
Uses of ratio analysis?
The ratio analysis is useful for inter firm comparison which basically implies that a company compares its performance with that of its industry peers. Ratio analysis is very important in simplifying the accounting figures to make then understandable to a common man.
How to calculate the current ratio in accounting?
The current ratio in accounting is calculated by dividing a company's current assets by its current liabilities. This ratio helps assess a company's ability to cover its short-term debts with its current assets.
What is the important of stastistics to accounting?
What is the Important of statistics to Accounting?
Management accounting ratio analysis along with ratio analysis formulas?
How dose the cost income ratio is calculated in the banking model?
How can one determine the current ratio in accounting?
The current ratio in accounting can be determined by dividing a company's current assets by its current liabilities. This ratio helps assess a company's ability to cover its short-term debts with its current assets.
3 important activities in accounting process?
real accounting, nominal accounting,personal accounting
What is accounting theory and why is it important for accounting student to accounting theory?
Accounting theory is the collection of methodologies used in the study and application of the different financial principles. It is important for an accounting student to know it because it is the basis for all future accounting studies.
Why is the study of accounting important?
it is important because accounting allow us to monitor the profit of the business
What is the important of public sector accounting?
Explain why it's important to study public sector accounting.
What is the importance of ratio analysis in accounting?
Ratio analysis in accounting is used to evaluate a firm's activity and productivity, as well as its efficiency in using its assets to generate profits. It is also used by investors in evaluating investment decisions.
What is important in accounting?
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