when the size of 1 is the same magnitude size of another with comparable denominators and numbers ; ie, 1/10 = 2/20ths , or 1/4 = 2/8ths, or 4/16ths, because the increase in size between each number set is the same
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when a number of ratios give the same answer after solving the ratios the ratios are said to be equivalent ratios
1 - Activity ratios 2 - Profitability ratios 3 - Liquidity ratios
1 - Activity Ratios 2 - Liquidity ratios 3 - Profitability ratios
No but percentages are ratios.
No but the equal ratios are called Equivalent Ratios.