How can using equivalent ratios help you operate a business?

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Mostlyneedhelplol Mostlyneedhelplol

10-04-2018
Mathematics

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How can using equivalent ratios help you operate a business?

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jijishero jijishero · Answer 1 · 2018-04-10T02:37:33+02:00

Hi there

Using equivalent ratios to help operate a business is useful for financial ratios.
There are common size ratios, liquidity ratios, efficiency ratios, and solvency ratios.

Ratios are used to let us compare one item to another. (For example, comparing 1 teacher to 25 students, or 1:25)

Did you have any answers to chose from? I just figured I'd provide you with what I knew about this subject to help in case there were no options to chose from.