Advertisements
Advertisements
Question
What is meant by accounting ratios?
Short/Brief Note
Advertisements
Solution
The ratio is a mathematical expression of the relationship between two related or interdependent items. It is the numerical or quantitative relationship between two items. It is calculated by dividing one item by the other related item. When ratios are calculated on the basis of accounting information, these are called ‘accounting ratios’.
shaalaa.com
Is there an error in this question or solution?
