Analysis of Financial StatementsUse the Internet or Strayer University Library databases to research instances when a company's financial ratios did not align with those of other firms that operate within the same industry.Post a ResponseDescribe 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.Respond to a PeerBe sure to respond to at least one of your classmates' posts.Read a post by one of your peers and provide a substantive response, making sure to extend the conversation by asking questions, offering rich ideas, or sharing personal connections.Reply

Financial ratios are mathematical comparisons of financial statement accounts or categories. These…

Answered: Analysis of Financial Statements Use…

10th Edition

ISBN:9781133935940

Author:Ulric J. Gelinas

Publisher:Ulric J. Gelinas

Chapter16: The General Ledger And Business Reporting (gl/br) Process

Section: Chapter Questions

Problem 5P

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.

Be sure to respond to at least one of your classmates' posts.

Read a post by one of your peers and provide a substantive response, making sure to extend the conversation by asking questions, offering rich ideas, or sharing personal connections.