HOW TO USE THIS GUIDE TO RATIO CALCULATION

ratio" equals the (a) return on investment * (b) return on net worth (c) return on fixed assets (d) return on current assets (e) return on sales. 3-24. In order for ratio analysis to be meaningful, one should compare a given ratio with its (a) historical values (b) industry standards (c) target values (d) related ratios * (e) all of the above ... ................
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