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Accountants use impact analysis and financial ratios to analyse financial statements. Some of the important ratios are: * Current ratio * Quick asset ratio * Gross profits to sales * Nett profit to sales * Return on shareholders' equity * Debt to equity * Interest cover * Stock turnover * Debtors turnover * Turnover of total assets * Return on total assets * Dividend per share * Earnings per share * Dividend yield * Dividend payout * Price earnings * Nett asset backing

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