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What are equivlent ratios?
when a number of ratios give the same answer after solving the ratios the ratios are said to be equivalent ratios
What are 3 types of ratios?
1 - Activity Ratios 2 - Liquidity ratios 3 - Profitability ratios
What are the three types of ratios?
1 - Activity ratios 2 - Profitability ratios 3 - Liquidity ratios
Are ratios percents?
No but percentages are ratios.
Give the definition of similar triangle?
Similar triangles means they have the same lengths OR the corresponding lengths have equal ratios.
What it means when two ratios are equal?
They are equivalent ratios
What are equivlent ratios?
when a number of ratios give the same answer after solving the ratios the ratios are said to be equivalent ratios
Does a ratio have the same or different units?
It varies which means that it depends on what type of ratios are used
How are ratios classified?
Ratios are often classified using the following terms: profitability ratios (also known as operating ratios), liquidity ratios, and solvency ratios.
Explain the reasons for using ratios as a means of explaining accounting information?
Ratios are used in accounting to provide a comparative analysis of financial data. They allow for easy interpretation and comparison of numbers across different time periods or between companies. Ratios also help identify trends, assess financial health, and identify areas of strength or weakness within a company. Overall, ratios provide a simplified way of conveying complex financial information.
Ratios?
Ratios
What does irrational answers mean?
In mathematics it means numbers which cannot be represented by ratios of two integers.
What are 3 types of ratios?
1 - Activity Ratios 2 - Liquidity ratios 3 - Profitability ratios
What are the three types of ratios?
1 - Activity ratios 2 - Profitability ratios 3 - Liquidity ratios
What do compounds always contain in exact ratios?
Compounds always contain elements in exact ratios, based on the chemical formula of the compound. This means that the elements are present in specific and consistent proportions in the compound.
What are the ratios that name the same comparison?
equivalent ratios are different ratios that name the same comparison
Types of ratios?
1 - Actiivty raios 2 - turnover ratios 3 - Profitability ratios 4 - Liquidity Ratios
