Accounting is often described as the language of business


Accounting is often described as "The Language of Business." Do you speak the language? Specify what you believe are the three most important financial ratios that might help you assess the strength of a firm. These ratios are listed towards the end of chapter 15 under the section titled, "Financial Ratios." Also, tell what each ratio explains about the firm. Do you think these ratios can be manipulated? If you do, tell also what can be done to counter such manipulation.

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Financial Management: Accounting is often described as the language of business
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