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24 March, 05:26

Percentage analyses, ratios, turnovers, and other measures of financial position and operating results are select one:

a. a substitute for sound judgment.

b. useful analytical measures.

c. enough information for analysis, industry information is not needed.

d. unnecessary for analysis, but reaction is better.

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Answers (1)
  1. 24 March, 05:30
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    Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are useful analytical measures.

    Analytical measures are useful in assessing solvency and profitability of a business. Type of analytical measures used depends on; the size of the firm or business, the capital structure f the business, the type of business activity undertaken. They are useful for evaluating the financial results of a business and the performance of management.
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Home » Business » Percentage analyses, ratios, turnovers, and other measures of financial position and operating results are select one: a. a substitute for sound judgment. b. useful analytical measures. c.
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