ratios are maths way of say there are eg: 3 boys for 15 so there would be 18 people in the class
The quantitative relation between two amounts showing the number of times one value contains or is contained within the other. A ratio is the quantitative relation between two amounts showing the number of times one value contains or is contained within the other.
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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.