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Describe some different types of ratios and how they are used to assess performa
Describe some different types of ratios and how they are used to assess performance. Explain the components of the formula and the order of operations to calculate them. Discuss what these ratios say about the financial health of the organization.
Determine why it is sometimes misleading to compare a company’s financial ratios with those of other firms that operate within the same industry. Support your response with an example from your research.
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