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A method of expressing the relationship between one accounting result and the other, which is intended to give a useful comparison. Accounting ratios helps in measuring the efficiency and profitability of a corporation based on its financial reports. Accounting ratios outline the basis of fundamental analysis. It is also known as financial ratio.
An accounting ratio compares two facets of a financial statement, like the relationship (or ratio) of current assets to current liabilities. The ratios can be used to assess the financial condition of a company, involving the company's strengths and weaknesses. An instance of an accounting ratio is the price-to-earnings (P/E) ratio of a stock. This calculates the price paid per share with relation to the profit gained by the company per share in a particular year.
Harry and Sally were divorced three years ago. In July of the current year, their son, Joe, broke his arm falling out of a tree. Joe lives with Sally and Sally claims him as a de
define accounting
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implication of applying aacounting concept wronly
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Maryanne was looking to purchase a local business that sold coal jewelry to tourists along the interstate. The present business owner instructed his accountant, Jane Sane, CPA, to
Houston Corporation has the following stock outstanding: In 2012, Houston paid $330,000 in dividends. No dividends were paid in 2011 or 2010. Required : a)
Q. What do you mean by Not-for-profit organizations? Not-for-profit organizations such like charities, fraternities, churches, and universities need accountants to record and a
a simple discount note for $6,600 at a ordinary bank discount rate of 8.61% for 60 days. What is the effective interest rate? Round to the nearest tenth of a percent
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