Ratio analysis is a crucial topic that is studied in the academic branches like accounting, finance, business management etc. It is a quantitative analysis, which is obtained after analyzing the financial statements of the company.
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Ratio Analysis is used to determine the operation of a company or the financial performance of a business organization. It is mainly used in the balance sheet, income statement and statement related to cash flow. Students often make mistakes in determining the calculation properly and thus there is a chance of getting wrong analysis.
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