The concept of ratios has been used since ancient times, and it is difficult to attribute its founding to a single individual. However, the mathematician Euclid, who lived around 300 BCE, made significant contributions to the understanding of ratios in his work "Elements." Ratios have since been developed and formalized by various cultures and mathematicians throughout history.
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.
when a number of ratios give the same answer after solving the ratios the ratios are said to be equivalent ratios
Ratios are often classified using the following terms: profitability ratios (also known as operating ratios), liquidity ratios, and solvency ratios.
Ratios
1 - Activity ratios 2 - Profitability ratios 3 - Liquidity ratios
1 - Activity Ratios 2 - Liquidity ratios 3 - Profitability ratios
equivalent ratios are different ratios that name the same comparison
1 - Actiivty raios 2 - turnover ratios 3 - Profitability ratios 4 - Liquidity Ratios
No but percentages are ratios.
similarity ratios are ratios in which both the ratios are equal to each other
How do you do ratios
A collection of different ratios.
They are called equivalent ratios.