Main objectives of ratio analysis
What are the main objectives of ratio analysis and why is this important to external users of the financial statements, such as investors.
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What are the main objectives of comparative analysis? Why is it important for external users of financial statements to perform this type of analysis on financial statements?
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Why are liquidity ratios important in analyzing a company's financial health? What does it mean if a company cannot meet its financial obligations? How does this affect a company and its shareholders?
Their total round trip is 50 miles per day. How many of those if any, can Sue use to calculate an itemized deduction for transportation? Use the mileage rate in effect for 2013(mileage rate for 2013 is 24.0 cents per mile). Explain your answer.
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